California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4 - Insurer Securities Permits
Article 3 - Applications-in General
Section 2603.20 - Grounds for Denial
If an application that otherwise complies with the law and these regulations is insufficient to enable the Commissioner to make the findings required by Insurance Code Section 839 and, if in the Commissioner's discretion the Commissioner so determines and requires, the findings (affirmative or negative) authorized by Section 839.1 ibid., the Commissioner will notify applicant in writing of the Commissioner's objections. If they are not cured by supplement or amendment within a reasonable time, the Commissioner will deny the application and notify applicant in writing of the Commissioner's decision. (Sections 839, 839.1)
1. 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.