California Code of Regulations
Title 13 - Motor Vehicles
Division 1 - Department of Motor Vehicles
Chapter 1 - Department of Motor Vehicles
Article 2.3 - Financial Responsibility
CERTIFICATES OF SELF-INSURANCE
Section 80.75 - Renewal Requirements

Universal Citation: 13 CA Code of Regs 80.75

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) The holder of a Certificate of Self-Insurance, form SR27 (REV. 10/99) shall submit to the department within twelve months after issuance of the certificate and at twelve month intervals thereafter, a completed Financial Responsibility Self-Insurance Renewal Attachment, form SR70 (REV. 3/98), which is hereby incorporated by reference and an audited financial statement for the previous year.

(1) The statement shall include an opinion of the net worth of the holder of the certificate rendered by an independent certified public accountant.
(A) This opinion shall apply to the net worth of the certificate holder for the date and time when the financial statement for the renewal application is signed.

1. Change without regulatory effect renumbering former section 100.75 to section 80.75 filed 7-19-93 pursuant to title 1, section 100, California Code of Regulations (Register 93, No. 30).
2. Amendment of section heading and section and new NOTE filed 6-26-2001; operative 7-26-2001 (Register 2001, No. 26).

Note: Authority cited: Section 1651, Vehicle Code. Reference: Sections 16053 and 16054.2, Vehicle Code.

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