reglab/housing_qa huggingface dataset:
CA Ins Code § 11874 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 5 - Coverage of Public Employers|Section 11874.

11874.  On the effective date of this act the Controller shall draw his or her warrant in favor of the State Compensation Insurance Fund for the total amount of the funds in the custody of the Treasurer belonging to the State Compensation Insurance Fund, and the Treasurer shall pay that warrant.(Amended by Stats. 2011, Ch. 426, Sec. 11. (SB 712) Effective January 1, 2012.)
CA Ins Code § 11880 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 6 - Penalties|Section 11880.

11880.  (a) It is unlawful to make or cause to be made any knowingly false or fraudulent statement, whether made orally or in writing, of any fact material to the determination of the premium, rate, or cost of any policy of workers’ compensation insurance issued or administered by the State Compensation Insurance Fund for the purpose of reducing the premium, rate, or cost of the insurance. Any person convicted of violating this subdivision shall be punished by imprisonment in a county jail for one year, or pursuant to subdivision (h) of Section 1170 of the Penal Code for two, three, or five years, or by a fine not exceeding fifty thousand dollars ($50,000), or double the value of the fraud, whichever is greater, or by both that imprisonment and fine.(b) Any person who violates subdivision (a) and who has a prior felony conviction of the offense set forth in that subdivision shall receive a two-year enhancement for each prior conviction in addition to the sentence provided in subdivision (a). The existence of any fact that would subject a person to a penalty enhancement shall be alleged in the information or indictment and either admitted by the defendant in open court, or found to be true by the jury trying the issue of guilt or by the court where guilt is established by plea of guilty or nolo contendere or by trial by the court sitting without a jury.(Amended by Stats. 2011, Ch. 15, Sec. 218. (AB 109) Effective April 4, 2011. Operative October 1, 2011, by Sec. 636 of Ch. 15, as amended by Stats. 2011, Ch. 39, Sec. 68.)
CA Ins Code § 11881 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 6 - Penalties|Section 11881.

11881.  Whenever in Chapter 4, Part 3, Division 2 of the Insurance Code the term “State Industrial Accident Commission” or “Industrial Accident Commission” or “commission” or “director” or similar designation occurs, it means the Board of Directors of the State Compensation Insurance Fund except when such meaning is inconsistent with the intent and context of said chapter.(Added by Stats. 1945, Ch. 1431.)
CA Ins Code § 11885.3 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 7 - Transfer of Ownership|Section 11885.3.

11885.3.  In order to accomplish the purpose of this article, the State Compensation Insurance Fund and its board of directors shall participate fully in good faith with the Director of Finance, and the Director of Finance shall act in good faith in carrying out the duties prescribed by this article.(Added by Stats. 2009, 4th Ex. Sess., Ch. 12, Sec. 21. Effective July 28, 2009.)
CA Ins Code § 11885.5 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 7 - Transfer of Ownership|Section 11885.5.

11885.5.  Notwithstanding any other law, the approval of neither the Attorney General, nor the Insurance Commissioner, nor the Director of General Services is required for execution and implementation of the sale or other disposition of the assets and liabilities of the State Compensation Insurance Fund or any other agreement authorized by this article.(Added by Stats. 2009, 4th Ex. Sess., Ch. 12, Sec. 21. Effective July 28, 2009.)
CA Ins Code § 11885.7 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 7 - Transfer of Ownership|Section 11885.7.

11885.7.  (a) The Director of Finance shall deposit all proceeds of any sale of, or any funds achieved through any other disposition of, the State Compensation Insurance Fund’s workers’ compensation insurance assets and liabilities under this article, less any costs related to that transaction, into the General Fund.(b) The proceeds of any sale of, or any funds achieved through any other disposition of, the State Compensation Insurance Fund’s workers’ compensation insurance assets and liabilities are not “proceeds of taxes” as that term is used in subdivision (c) of Section 8 of Article XIII B of the California Constitution. The disbursement of these proceeds is not subject to the limitations imposed by that article.(Added by Stats. 2009, 4th Ex. Sess., Ch. 12, Sec. 21. Effective July 28, 2009.)
CA Ins Code § 11885.9 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 7 - Transfer of Ownership|Section 11885.9.

11885.9.  (a) Notwithstanding any other law, the Director of Finance is authorized to enter into agreements with firms or individuals to act as advisers to the state in the transactions contemplated by this article. Section 14838 of the Government Code and Article 4 (commencing with Section 10335) of Chapter 2 of Part 2 of Division 2 of the Public Contract Code do not apply to any agreement entered into by the director with advisers pursuant to this section.(b) Notwithstanding any other law, the Director of Finance is also authorized to enter into legal services agreements to obtain specialized legal advice related to the transactions contemplated by this article. Section 11040 of the Government Code and Section 6072 of the Business and Professions Code shall not apply to the legal services agreements entered into by the director pursuant to this section.(Added by Stats. 2009, 4th Ex. Sess., Ch. 12, Sec. 21. Effective July 28, 2009.)
CA Ins Code § 11886.2 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 3 - LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE|CHAPTER 4 - The State Compensation Insurance Fund|ARTICLE 7 - Transfer of Ownership|Section 11886.2.

11886.2.  (a) The Director of Finance shall notify the Joint Legislative Budget Committee in writing upon his or her determination that neither the sale nor any other transaction authorized by this article is anticipated to achieve the purposes of this article or upon the completion of a disposition of State Compensation Insurance Fund assets and liabilities pursuant to this article.(b) The Director of Finance shall cease those activities he or she is authorized or directed to undertake pursuant to this article upon the earlier of either:(1) The 30th day following written notice by the director to the Chairperson of the Joint Legislative Budget Committee pursuant to subdivision (a).(2) January 10, 2012.(Added by Stats. 2009, 4th Ex. Sess., Ch. 12, Sec. 21. Effective July 28, 2009.)
CA Ins Code § 12050 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 1 - Capital and Scope of Business|Section 12050.

12050.  An incorporated insurer issuing surety policies on the reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700. 01 to 700.05, inclusive.(Amended by Stats. 1953, Ch. 958.)
CA Ins Code § 12051 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 1 - Capital and Scope of Business|Section 12051.

12051.  During the first three years following its admission, the insurer’s assets in an amount equal to its required paid-in capital shall be in cash or in the value of obligations, purchase of which is approved by the commissioner, of the United States government, any State, or any county in this State.(Enacted by Stats. 1935, Ch. 145.)
CA Ins Code § 12052 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 1 - Capital and Scope of Business|Section 12052.

12052.  After such three-year period, investments of such insurers are subject only to the provisions of this code regulating generally the investments of other incorporated insurers issuing policies on a reserve basis.(Enacted by Stats. 1935, Ch. 145.)
CA Ins Code § 12055 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 1 - Capital and Scope of Business|Section 12055.

12055.  An insurer admitted in the State to transact credit insurance may also acquire and dispose of debts so insured and collect any debts owed to such insurer or to any person so insured by it. In performing any such act the credit insurer shall be under the jurisdiction of the Insurance Commissioner.(Added by Stats. 1963, Ch. 19.)
CA Ins Code § 12070 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 2 - Administrative Control|Section 12070.

12070.  The commissioner shall publish and maintain a complete list of all admitted surety insurers on the department’s public Web site. The list shall set forth all of the following:(a) The full corporate name of the insurer.(b) The name of the state or country under whose laws the insurer is organized.(c) The date of the certificate of authority issued to the insurer to transact surety insurance in this state.(Amended by Stats. 2008, Ch. 351, Sec. 5. Effective January 1, 2009.)
CA Ins Code § 12072 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 2 - Administrative Control|Section 12072.

12072.  (a) Whenever the insurer’s certificate of authority is surrendered, revoked, canceled, annulled, or suspended or whenever any such insurer, after such abrogation of its certificate again is admitted, the commissioner shall promptly update the list of admitted surety insurers on the department’s public Web site to include the name of the insurer and the date of that abrogation of, or of renewal of, the certificate.(b) The list of admitted surety insurers maintained on the department’s public Web site may be used by county clerks and others to confirm the license status of surety insurers.(Amended by Stats. 2008, Ch. 351, Sec. 7. Effective January 1, 2009.)
CA Ins Code § 12090 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 3 - Special Restrictions on Business|Section 12090.

12090.  (a) An admitted surety insurer shall not become surety on any one undertaking, or accept reinsurance on such undertaking, when its liability thereon, in excess of the amount reinsured by it in an admitted insurer, amounts to more than ten percent of its capital and surplus as shown by its last statement on file in the office of the commissioner. (b) In determining its liability on an undertaking for purposes of subdivision (a), an admitted insurer may reduce its liability by either or both of the following: (1) Deposits with the surety insurer, in a manner acceptable to the commissioner, or by conveyance to it in trust for its protection, of assets that would qualify as admitted assets. (2) A clean and irrevocable letter of credit acceptable to the commissioner.(Amended by Stats. 1991, Ch. 1020, Sec. 1.)
CA Ins Code § 12091 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 3 - Special Restrictions on Business|Section 12091.

12091.  Whenever a surety insurer fails to maintain such a financial condition that assets allowed under subdivision (a) are equal in value to the aggregate of the charges prescribed under subdivision (b), the commissioner shall act as prescribed in Section 12092.(a) In estimating its condition the commissioner shall allow as assets only such as are allowed under law in force at the time of the estimate.(b) The charges to be aggregated shall be:(1) Eighty percent of the paid-in capital, but in no case less than two hundred fifty thousand dollars ($250,000).(2) All outstanding indebtedness.(3) Provision for reinsuring all outstanding risks, estimated as prescribed in Section 985.(Amended by Stats. 1971, Ch. 163.)
CA Ins Code § 12092 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 3 - Special Restrictions on Business|Section 12092.

12092.  Whenever such an insurer fails to maintain the financial condition required by section 12091, the commissioner shall require the deficiency to be made up in sixty days. If it is not made up as required, he shall issue a certificate showing the extent of such deficiency. He shall publish the certificate once a week for three weeks, in a daily San Francisco paper. From the time of first publication until such deficiency is made up, the insurer shall not do business in this State.(Enacted by Stats. 1935, Ch. 145.)
CA Ins Code § 12093 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 3 - Special Restrictions on Business|Section 12093.

12093.  Whenever a surety insurer gives notice of cancellation of the coverage of an employee under a blanket fidelity bond, upon the request of the employee, the surety insurer, within 10 days of the request, shall furnish to the employee a statement setting forth the ground or grounds upon which the notice of cancellation is based. There shall be no liability on the part of, and no cause of action shall arise against, any surety insurer, or its licensed investigative sources, for any statements made by it concerning any employee in a written notice required to be given pursuant to this section.If the surety insurer fails to comply with the provisions of the first paragraph of this section, the employee may apply to the commissioner for a certificate of the facts or information desired and the commissioner shall act thereon in accordance with the provisions of Article 3 (commencing with Section 12950) of Chapter 2 of Division 3.(Added by Stats. 1961, Ch. 1931.)
CA Ins Code § 12095 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 4 - Special Regulations|Section 12095.

12095.  No insurer admitted in this state to issue surety insurance shall fail or refuse to accept an application for a contractor’s license or performance bond, or to issue such a bond to an applicant therefor, or refuse or cancel such a bond, under conditions less favorable to the obligor than in other comparable cases, except for reasons applicable alike to persons of every characteristic listed or defined in subdivision (b) or (e) of Section 51 of the Civil Code, or persons of every geographical area; nor shall any characteristic listed or defined in subdivision (b) or (e) of Section 51 of the Civil Code, or location within a county, of itself, constitute a condition or risk for which a greater rate, premium, charge, guaranty, or collateral may be required of the applicant for such a bond.(Amended by Stats. 2008, Ch. 682, Sec. 8. Effective January 1, 2009.)
CA Ins Code § 12096 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 4 - Special Regulations|Section 12096.

12096.  (a) Any applicant for a contractor’s license or performance bond who believes that the admitted surety insurer, regularly issuing such bonds, to whom he has applied did not comply with Section 12095, may file a complaint in writing with the commissioner. If the commissioner finds that there is reasonable ground to believe that the alleged discrimination has occurred, he may set the complaint for hearing, after notice, at which hearing each of the parties to the complaint shall have an opportunity to be heard in person or through their witnesses.(b) Any determination of the commissioner upon such complaint and hearing shall be judicially reviewable.(Amended by Stats. 1979, Ch. 1013.)
CA Ins Code § 12097 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 4 - Special Regulations|Section 12097.

12097.  Whoever denies a contractor’s license or performance bond solely on the grounds specified in this article is liable for each and every such offense for the actual damages, and two hundred fifty dollars ($250) in addition thereto, suffered by the licensee or applicant for a license.(Amended by Stats. 1979, Ch. 1013.)
CA Ins Code § 12101 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 5 - Financial Guaranty Insurance|Section 12101.

12101.  An insurer may be organized and admitted to transact financial guaranty insurance in the manner prescribed for stock property and casualty insurers by the laws of this state. Except as provided in Section 12118, an insurer shall be required to be licensed to transact financial guaranty insurance in California before it transacts that insurance in this state. An insurer shall become admitted to transact financial guaranty insurance upon making application and complying with all the requirements of the law.(Repealed and added by Stats. 1990, Ch. 1032, Sec. 6.)
CA Ins Code § 12102 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 5 - Financial Guaranty Insurance|Section 12102.

12102.  (a) An insurer with a certificate of authority to transact the business of financial guaranty insurance as defined in Section 12100 may also transact the business of surety insurance as defined in Section 105.(b) An insurer licensed in this state to transact financial guaranty insurance may not transact any other classes of insurance in this state except surety insurance.(c) An insurer that anywhere transacts or is licensed for any classes other than financial guaranty insurance, surety insurance, and credit insurance shall not be eligible for a certificate of authority for the class of financial guaranty insurance in this state.(d) A financial guaranty insurance corporation may only assume in this state those lines of insurance it is admitted to transact in this state.(e) In other states, an insurer may assume financial guaranty, surety, and credit lines of insurance if it is authorized to transact those lines of insurance in other states.(f) After licensure the holder shall continue to comply with the requirements of this section.(Amended by Stats. 2004, Ch. 47, Sec. 1. Effective June 14, 2004.)
CA Ins Code § 12103 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 5 - Financial Guaranty Insurance|Section 12103.

12103.  Prior to the issuance of a certificate of authority to transact financial guaranty insurance, an insurer shall submit for the approval of the commissioner a plan of operation detailing the types and projected diversification of guaranties that will be issued, the underwriting procedures that will be followed, managerial oversight methods, investment policies, and other matters prescribed by the commissioner including, but not limited to, those necessary to allow the commissioner to make a finding for the purposes of Section 717.(Repealed and added by Stats. 1990, Ch. 1032, Sec. 6.)
CA Ins Code § 12104 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 5 - Financial Guaranty Insurance|Section 12104.

12104.  An admitted financial guaranty insurance corporation shall be subject to all of the provisions of this code applicable to property and casualty insurers to the extent that the provisions are not inconsistent with the provisions of this article.(Repealed and added by Stats. 1990, Ch. 1032, Sec. 6.)
CA Ins Code § 12105 (2021)
2021 California Code|Insurance Code - INS|DIVISION 2 - CLASSES OF INSURANCE|PART 4 - MISCELLANEOUS CASUALTY INSURANCES|CHAPTER 1 - Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances|ARTICLE 5 - Financial Guaranty Insurance|Section 12105.

12105.  The filing fee for a certificate of authority or amended certificate of authority to transact financial guaranty insurance shall be seven thousand four hundred seventy-two dollars ($7,472).(Amended by Stats. 2017, Ch. 534, Sec. 73. (AB 1699) Effective January 1, 2018.)