Section 9080.1 Of Chapter 7. Fraternal Fire Insurers From California Insurance Code >> Division 2. >> Part 1. >> Chapter 7.
9080.1
. On and after January 1, 1954, no association shall transact
insurance under this chapter unless it has theretofore received and
continues to hold a certificate of exemption from the commissioner.
Before procuring such certificate such association shall file with
the commissioner certified copies of the articles of incorporation,
association, by-laws, rules and regulations or other organization or
governing documents, together with certified copies of all evidences
of insurance which it proposes to issue. It shall thereafter file
with the commissioner certified copies of all amendments to such
documents or evidences. The commissioner shall issue such certificate
of exemption upon application by such association and a showing by
it that it qualifies therefor under the provisions of this chapter.
Such certificate of exemption is subject to suspension or
revocation by the commissioner if the organization fails to comply
with the requirements of this chapter.
The proceedings shall be conducted in accordance with Chapter 5 of
Part 1 of Division 3 of Title 2 of the Government Code and the
commissioner shall have all the powers granted therein.
Such association is subject to Sections 1 to 41, inclusive, and to
Articles 4 and 14 of Chapter 1, Part 2, Division 1 of this code.