California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 11.2 - Separate Account or Accounts-Modified Guaranteed Annuities
Section 2534.31 - Foreign Insurers

If the law or regulation in the place of domicile of a foreign insurer or the state of entry of a Canadian insurer provides a degree of protection to the policyholders and the public which is substantially equal to that provided by this article, the Commissioner, to the extent deemed appropriate by him in his discretion, may consider compliance with such law or regulation as compliance with this article.

1. New section filed 2-6-92; operative 3-9-92 (Register 92, No. 13).

Note: Authority cited: Sections 10506(h) and 10506.3(a), Insurance Code. Reference: Sections 10506(h) and 10506.3(a), Insurance Code.