CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2872Introduced by Assembly Member CalderonFebruary 15, 2024 An act to amend Section 11401 of the Insurance Code, relating to insurance.LEGISLATIVE COUNSEL'S DIGESTAB 2872, as introduced, Calderon. Insurance: associations.Existing law exempts from requirements for providing insurance set forth in the Insurance Code firefighters, police officers, and peace officers benefit and relief associations that comply with specified criteria, including, among other things, a requirement that the membership consist solely of peace officers, members of police or fire departments, and emergency medical personnel employed by fire departments, as specified. Existing law prohibits these associations from operating or doing business in the state without a certificate of authority. Existing law requires an association to renew its certificate of authority on or before July 1, 2019, and every 5 years thereafter.This bill would, instead, require an association to renew its certificate of authority within 30 days after a change in name or address or subsequent to a merger.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 11401 of the Insurance Code is amended to read:11401. (a) An association shall not operate or do business in this state without a certificate of authority. The commissioner shall issue a certificate of authority to any association unless he or she the commissioner determines, after examination, that it does not comply with the provisions of this chapter. The filing fee for the application for the certificate of authority shall be one thousand four hundred ten dollars ($1,410).(b)(1)On or before July 1, 2019, every association shall renew its certificate of authority.(2)After July 1, 2019, an(b) An association shall renew its certificate of authorityevery five years from the date it previously renewed its certificate of authority. within 30 days after a change in name or address or subsequent to a merger.(c) (1) The commissioner may revoke the certificate of authority for an association that failed to renew its certificate of authority in compliance with subdivision (b), after giving reasonable written notice mailed to the last address of the association registered with the department.(2) The commissioner may revoke the certificate of authority for an association that has a dissolved, suspended, or otherwise inactive status according to the records of the Secretary of State, after giving reasonable written notice mailed to the last address of the association registered with the department.(3) To obtain a reissue of a certificate of authority revoked pursuant to this subdivision, an association shall apply to the commissioner pursuant to subdivision (a).
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 2872Introduced by Assembly Member CalderonFebruary 15, 2024 An act to amend Section 11401 of the Insurance Code, relating to insurance.LEGISLATIVE COUNSEL'S DIGESTAB 2872, as introduced, Calderon. Insurance: associations.Existing law exempts from requirements for providing insurance set forth in the Insurance Code firefighters, police officers, and peace officers benefit and relief associations that comply with specified criteria, including, among other things, a requirement that the membership consist solely of peace officers, members of police or fire departments, and emergency medical personnel employed by fire departments, as specified. Existing law prohibits these associations from operating or doing business in the state without a certificate of authority. Existing law requires an association to renew its certificate of authority on or before July 1, 2019, and every 5 years thereafter.This bill would, instead, require an association to renew its certificate of authority within 30 days after a change in name or address or subsequent to a merger.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION
Assembly Bill
No. 2872
Introduced by Assembly Member CalderonFebruary 15, 2024
Introduced by Assembly Member Calderon
February 15, 2024
An act to amend Section 11401 of the Insurance Code, relating to insurance.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 2872, as introduced, Calderon. Insurance: associations.
Existing law exempts from requirements for providing insurance set forth in the Insurance Code firefighters, police officers, and peace officers benefit and relief associations that comply with specified criteria, including, among other things, a requirement that the membership consist solely of peace officers, members of police or fire departments, and emergency medical personnel employed by fire departments, as specified. Existing law prohibits these associations from operating or doing business in the state without a certificate of authority. Existing law requires an association to renew its certificate of authority on or before July 1, 2019, and every 5 years thereafter.This bill would, instead, require an association to renew its certificate of authority within 30 days after a change in name or address or subsequent to a merger.
Existing law exempts from requirements for providing insurance set forth in the Insurance Code firefighters, police officers, and peace officers benefit and relief associations that comply with specified criteria, including, among other things, a requirement that the membership consist solely of peace officers, members of police or fire departments, and emergency medical personnel employed by fire departments, as specified. Existing law prohibits these associations from operating or doing business in the state without a certificate of authority. Existing law requires an association to renew its certificate of authority on or before July 1, 2019, and every 5 years thereafter.
This bill would, instead, require an association to renew its certificate of authority within 30 days after a change in name or address or subsequent to a merger.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 11401 of the Insurance Code is amended to read:11401. (a) An association shall not operate or do business in this state without a certificate of authority. The commissioner shall issue a certificate of authority to any association unless he or she the commissioner determines, after examination, that it does not comply with the provisions of this chapter. The filing fee for the application for the certificate of authority shall be one thousand four hundred ten dollars ($1,410).(b)(1)On or before July 1, 2019, every association shall renew its certificate of authority.(2)After July 1, 2019, an(b) An association shall renew its certificate of authorityevery five years from the date it previously renewed its certificate of authority. within 30 days after a change in name or address or subsequent to a merger.(c) (1) The commissioner may revoke the certificate of authority for an association that failed to renew its certificate of authority in compliance with subdivision (b), after giving reasonable written notice mailed to the last address of the association registered with the department.(2) The commissioner may revoke the certificate of authority for an association that has a dissolved, suspended, or otherwise inactive status according to the records of the Secretary of State, after giving reasonable written notice mailed to the last address of the association registered with the department.(3) To obtain a reissue of a certificate of authority revoked pursuant to this subdivision, an association shall apply to the commissioner pursuant to subdivision (a).
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 11401 of the Insurance Code is amended to read:11401. (a) An association shall not operate or do business in this state without a certificate of authority. The commissioner shall issue a certificate of authority to any association unless he or she the commissioner determines, after examination, that it does not comply with the provisions of this chapter. The filing fee for the application for the certificate of authority shall be one thousand four hundred ten dollars ($1,410).(b)(1)On or before July 1, 2019, every association shall renew its certificate of authority.(2)After July 1, 2019, an(b) An association shall renew its certificate of authorityevery five years from the date it previously renewed its certificate of authority. within 30 days after a change in name or address or subsequent to a merger.(c) (1) The commissioner may revoke the certificate of authority for an association that failed to renew its certificate of authority in compliance with subdivision (b), after giving reasonable written notice mailed to the last address of the association registered with the department.(2) The commissioner may revoke the certificate of authority for an association that has a dissolved, suspended, or otherwise inactive status according to the records of the Secretary of State, after giving reasonable written notice mailed to the last address of the association registered with the department.(3) To obtain a reissue of a certificate of authority revoked pursuant to this subdivision, an association shall apply to the commissioner pursuant to subdivision (a).
SECTION 1. Section 11401 of the Insurance Code is amended to read:
### SECTION 1.
11401. (a) An association shall not operate or do business in this state without a certificate of authority. The commissioner shall issue a certificate of authority to any association unless he or she the commissioner determines, after examination, that it does not comply with the provisions of this chapter. The filing fee for the application for the certificate of authority shall be one thousand four hundred ten dollars ($1,410).(b)(1)On or before July 1, 2019, every association shall renew its certificate of authority.(2)After July 1, 2019, an(b) An association shall renew its certificate of authorityevery five years from the date it previously renewed its certificate of authority. within 30 days after a change in name or address or subsequent to a merger.(c) (1) The commissioner may revoke the certificate of authority for an association that failed to renew its certificate of authority in compliance with subdivision (b), after giving reasonable written notice mailed to the last address of the association registered with the department.(2) The commissioner may revoke the certificate of authority for an association that has a dissolved, suspended, or otherwise inactive status according to the records of the Secretary of State, after giving reasonable written notice mailed to the last address of the association registered with the department.(3) To obtain a reissue of a certificate of authority revoked pursuant to this subdivision, an association shall apply to the commissioner pursuant to subdivision (a).
11401. (a) An association shall not operate or do business in this state without a certificate of authority. The commissioner shall issue a certificate of authority to any association unless he or she the commissioner determines, after examination, that it does not comply with the provisions of this chapter. The filing fee for the application for the certificate of authority shall be one thousand four hundred ten dollars ($1,410).(b)(1)On or before July 1, 2019, every association shall renew its certificate of authority.(2)After July 1, 2019, an(b) An association shall renew its certificate of authorityevery five years from the date it previously renewed its certificate of authority. within 30 days after a change in name or address or subsequent to a merger.(c) (1) The commissioner may revoke the certificate of authority for an association that failed to renew its certificate of authority in compliance with subdivision (b), after giving reasonable written notice mailed to the last address of the association registered with the department.(2) The commissioner may revoke the certificate of authority for an association that has a dissolved, suspended, or otherwise inactive status according to the records of the Secretary of State, after giving reasonable written notice mailed to the last address of the association registered with the department.(3) To obtain a reissue of a certificate of authority revoked pursuant to this subdivision, an association shall apply to the commissioner pursuant to subdivision (a).
11401. (a) An association shall not operate or do business in this state without a certificate of authority. The commissioner shall issue a certificate of authority to any association unless he or she the commissioner determines, after examination, that it does not comply with the provisions of this chapter. The filing fee for the application for the certificate of authority shall be one thousand four hundred ten dollars ($1,410).(b)(1)On or before July 1, 2019, every association shall renew its certificate of authority.(2)After July 1, 2019, an(b) An association shall renew its certificate of authorityevery five years from the date it previously renewed its certificate of authority. within 30 days after a change in name or address or subsequent to a merger.(c) (1) The commissioner may revoke the certificate of authority for an association that failed to renew its certificate of authority in compliance with subdivision (b), after giving reasonable written notice mailed to the last address of the association registered with the department.(2) The commissioner may revoke the certificate of authority for an association that has a dissolved, suspended, or otherwise inactive status according to the records of the Secretary of State, after giving reasonable written notice mailed to the last address of the association registered with the department.(3) To obtain a reissue of a certificate of authority revoked pursuant to this subdivision, an association shall apply to the commissioner pursuant to subdivision (a).
11401. (a) An association shall not operate or do business in this state without a certificate of authority. The commissioner shall issue a certificate of authority to any association unless he or she the commissioner determines, after examination, that it does not comply with the provisions of this chapter. The filing fee for the application for the certificate of authority shall be one thousand four hundred ten dollars ($1,410).
(b)(1)On or before July 1, 2019, every association shall renew its certificate of authority.
(2)After July 1, 2019, an
(b) An association shall renew its certificate of authorityevery five years from the date it previously renewed its certificate of authority. within 30 days after a change in name or address or subsequent to a merger.
(c) (1) The commissioner may revoke the certificate of authority for an association that failed to renew its certificate of authority in compliance with subdivision (b), after giving reasonable written notice mailed to the last address of the association registered with the department.
(2) The commissioner may revoke the certificate of authority for an association that has a dissolved, suspended, or otherwise inactive status according to the records of the Secretary of State, after giving reasonable written notice mailed to the last address of the association registered with the department.
(3) To obtain a reissue of a certificate of authority revoked pursuant to this subdivision, an association shall apply to the commissioner pursuant to subdivision (a).