Section 4033 Of Article 3. Management And Exclusive Agency Contracts From California Insurance Code >> Division 2. >> Part 1. >> Chapter 4. >> Article 3.

. The commissioner may, after a hearing held thereon, withdraw his approval of any such contract theretofore approved by him, if he finds that the bases of his original approval no longer exist, or that the contract has, in actual operation, shown itself to be subject to disapproval on any of the grounds referred to in Section 4032 above.