Section 1322 Of Article 3. Filing Of Documents From California Insurance Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 3.
1322
. The attorney prior to admission shall file with the
commissioner a declaration verified by his oath or, where such
attorney is a corporation, by the oath of its duly authorized
officers. Such declaration shall set forth or have annexed thereto:
(a) The name of the attorney and the name under which contracts
are to be made.
(b) The location of the principal office of the exchange.
(c) The classes of insurance to be exchanged.
(d) A copy of each form of policy under or by which insurance is
to be exchanged.
(e) A copy of the form of the power of attorney or agreement under
and by which such insurance is to be exchanged.
(f) A statement that executed contracts or bona fide applications,
to be concurrently effective, have been made for the exchange of
indemnities by at least 100 separate subscribers, except that such
statement shall not be required for organizations operating pursuant
to Section 1284.
(g) In the case of employer's liability or workmen's compensation
insurance, a statement that there have been executed contracts or
bona fide applications, to be concurrently effective, representing
annual payroll having a total of not less than one million dollars
($1,000,000).
(h) A statement that there are in the possession of such attorney
subject to the supervision of the advisory board, assets conforming
to the requirements of Article 5 of this chapter.
(i) A financial statement under oath in the form prescribed by the
commissioner for the annual statement.
(j) The instrument authorizing service of process as provided in
this chapter.
(k) A certificate showing any deposits of funds or securities.