Section 11093 Of Article 6. Powers Of Commissioner From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 6.
11093
. (a) If the commissioner finds that any of the conditions set
forth in Section 11092 exist in respect to a domestic society, he or
she shall, in an order to show cause, notify the society of his or
her findings and wherein those conditions exist and shall set a date
after a reasonable period of time on which it shall show cause why it
should not be enjoined from carrying on any business until the overt
act or violation complained of shall have been corrected, or why an
action in quo warranto should not be commenced against the society.
(b) If on such date the society does not present good and
sufficient reason why it should not be so enjoined or why such action
should not be commenced, the commissioner may present the facts
relating thereto to the Attorney General who shall, if he or she
deems the circumstances warrant, commence an action to enjoin the
society from transacting business or in quo warranto.
(c) The court shall thereupon notify the society of a hearing. If
after a full hearing it appears that the society should be so
enjoined or liquidated or a receiver appointed, the court shall enter
the necessary order.