California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 11 - Separate Account or Accounts-Variable Contracts
Section 2526 - Obtaining Certificate Permitting Transaction of Variable Contract Business

Universal Citation: 10 CA Code of Regs 2526
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

No insurer shall deliver or issue for delivery in this State any variable contract until it has received in writing from the Insurance Commissioner a certification that he is satisfied that such insurer meets all the standards for transacting such business required by Section 10506. Such certification may be obtained by filing an application with the Insurance Commissioner together with supporting documents and paying the minimum $100 filing fee therefor required by Section 10506.1; and in case of a domestic insurer, agreeing to pay such additional amount as may be assessed by the Insurance Commissioner pursuant to said Section 10506.1. Such application shall be verified by an executive officer of the insurer.

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