Section 11140 Of Article 7. Financial Matters From California Insurance Code >> Division 2. >> Part 2. >> Chapter 10. >> Article 7.
11140
. The commissioner, or any person whom he may appoint, may
examine any foreign society, transacting or applying for admission to
transact business in this State. He may employ assistants and he, or
any person he may appoint, shall have free access to all books,
papers and documents that relate to the business of the society. He
may summon, qualify as witnesses under oath and examine any persons
in relation to the affairs, transactions and condition of the
society. He may in his discretion accept, in lieu of such
examination, the examination of the insurance department of the
state, territory, district, province or country where such society is
organized. The compensation and actual expenses of the examiners
making any examination or general or special valuation shall be paid
by the society examined or by the society whose certificates
obligations have been valued, upon statements furnished by the
commissioner.