Annually, on or before May 1st, every foreign insurer engaged in the business of insurance in the State of California in the preceding calendar year shall file with the Insurance Commissioner a statement in the form prescribed by the Insurance Commissioner setting forth such information as will permit the commissioner to properly administer the retaliatory provisions of Article 1.5, Chapter 1, Part 2, Division 1 (Sections 685-685.4) of the Insurance Code. The commissioner may waive such filing with respect to the insurers of a state or province or of any class of insurers of a state or province if the commissioner determines after an analysis of the laws of such state or province relating to taxes, licenses and fees and their application by that state or province and of such laws of the State of California and their application that under no circumstances will a retaliatory tax be due from such insurers.
Cal. Code Regs. Tit. 10, § 2325
2. Amendment filed 4-26-60; effective thirtieth day thereafter (Register 60, No. 10).
3. Change without regulatory effect amending section filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.
Note: Authority cited: Section 685.3, Insurance Code. Reference: Sections 685- 685.4, Insurance Code.
2. Amendment filed 4-26-60; effective thirtieth day thereafter (Register 60, No. 10).
3. Change without regulatory effect amending section filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.