Section 12164 Of Chapter 2. Certificate Of Authority From California Insurance Code >> Division 2. >> Part 5. >> Chapter 2.
12164
. (a) The commissioner may revoke or suspend the certificate
of authority of a motor club whenever, after a hearing in accordance
with the procedure provided in Section 701, he finds that any of the
following circumstances exist:
1. The club has violated any provision of this part.
2. It or its officers refuse to submit to an examination, as
provided for in Section 12169.
3. It is transacting business fraudulently.
4. It is no longer able to qualify for issuance to it of a
certificate of authority as a motor club.
(b) The commissioner may give notice of such revocation or
suspension to the public in such manner as he deems proper.
(c) All of the provisions of Article 14 (commencing with Section
1010) of Chapter 1 of Part 2 of Division 1 of this code not
inconsistent with this part shall apply to motor clubs.
For the purpose of this part, "insolvency" means that a club's
assets are less than its liabilities.