California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4 - Insurer Securities Permits
Article 3 - Applications-in General
Section 2603.21 - Denial for Laches
Universal Citation: 10 CA Code of Regs 2603.21
Current through Register 2024 Notice Reg. No. 52, December 27, 2024
Applications will not be allowed to pend indefinitely or for an unreasonable length of time. An application will also be subject to denial if it reasonably appears that applicant is not actively correcting reported defects and remedying reported deficiencies in good faith, or that it will be impossible for applicant within a reasonable time to comply with the Commissioner's appropriate lawful requirements. (Section 843)
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