California Insurance Code CHAPTER 2 - Certificate of Authority

• Section 12160.
  (a) A person shall not render or agree to render motor club service in this state without first obtaining from the commissioner a certificate of authority...
• Section 12161.
  Application for a certificate of authority shall be made on a form prescribed by the commissioner, accompanied by a filing fee of four thousand nine...
• Section 12162.
  The commissioner shall not issue a certificate of authority to any motor club until:(a) It files with him or her the following:(1) A formal application for the...
• Section 12162.5.
  All motor clubs applying for a certificate of authority to act as a motor club in this state shall demonstrate to the satisfaction of the...
• Section 12162.6.
  (a) A motor club holding a certificate of authority to act as a motor club granted prior to January 1, 1992, may continue to retain the...
• Section 12162.7.
  For purposes of this article, “liquid assets” means cash, cash equivalents, and marketable securities readily convertible into cash. Liquid assets also include bonds, stocks, certificates...
• Section 12162.8.
  If any portion of the audit report required by paragraph (1) of subdivision (b) of Section 12162.6 includes a qualified opinion as to the financial...
• Section 12163.
  (a) The security required by subdivision (b) of Section 12162 shall thereafter be continuously maintained by a motor club in one of the forms prescribed. Failure...
• Section 12164.
  (a) The commissioner may revoke or suspend the certificate of authority of a motor club whenever, after a hearing in accordance with the procedure provided in...
• Section 12165.
  Subject to the annual fee provisions herein, every certificate of authority issued or held under this part shall be for an indefinite term and, unless...
• Section 12166.
  Notwithstanding the preceding provisions for a certificate of authority of indefinite term, each holder of a certificate of authority under this chapter shall owe and...
• Section 12167.
  Qualification of a motor club for a certificate of authority under this part does not require prior qualification with the Secretary of State under the...
• Section 12168.
  Annually on or before March 1 of each year, copies of any instruments making any changes in articles of incorporation, bylaws, and membership certificate or...
• Section 12169.
  (a) Whenever the commissioner has reasonable cause to believe that a motor club is insolvent or is transacting its business in a fraudulent manner, he may...
• Section 12170.
  Motor clubs certificated on the effective date of this chapter shall not be required to be recertificated, but thereafter shall be subject to the provisions...

Last modified: October 22, 2018