Cal. Code Regs. Tit. 10, § 2510.6 - Withdrawal from Contingency Reserve

Withdrawals shall be made from the contingency reserve required to be maintained under Insurance Code Section 12640.04 of that portion of such reserve which has been established more than 120 months prior to the date of any such withdrawal, and shall no longer constitute any part of the contingency reserve.

Notes

Cal. Code Regs. Tit. 10, § 2510.6

1. Amendment filed 5-28-74 as procedural and organizational; effective upon filing (Register 74, No. 22).
2. Renumbering of Section 2516 to Section 2510.6 filed 8-23-78; effective thirtieth day thereafter (Register 78, No. 34).

1. Amendment filed 5-28-74 as procedural and organizational; effective upon filing (Register 74, No. 22).
2. Renumbering of Section 2516 to Section 2510.6 filed 8-23-78; effective thirtieth day thereafter (Register 78, No. 34).