California Insurance Code section 700 - Certificate of authority required to transact insurance
Published by California Legislative Counsel (leginfo.legislature.ca.gov). Jurisdiction CA.
Exactly what this source supports
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A person shall not transact any class of insurance business in this state without first being admitted for that class.
claim ca-ins-code-700-certificate-of-authority#c1Admission is secured by procuring a certificate of authority from the Insurance Commissioner, except for the State Compensation Insurance Fund as authorized by the sections named in the statute.
claim ca-ins-code-700-certificate-of-authority#c2The certificate shall not be granted until the applicant conforms to the requirements of the Insurance Code and of the laws of this state prerequisite to its issue.
claim ca-ins-code-700-certificate-of-authority#c3After the certificate is issued, the holder must continue to comply with the requirements as to its business set forth in the Insurance Code and other California law.
claim ca-ins-code-700-certificate-of-authority#c4The Commissioner must either issue or deny an application for a certificate of authority within 180 calendar days after the date of the application.
claim ca-ins-code-700-certificate-of-authority#c5The section carries the notation Amended by Stats. 2011, Ch. 15, Sec. 205 (AB 109), effective April 4, 2011, operative October 1, 2011.
claim ca-ins-code-700-certificate-of-authority#c6
Each claim above has its own address. Link to a single claim with/sources/ca-ins-code-700-certificate-of-authority#c1, and read the same list with its identifiers, checksums and dates at ca-ins-code-700-certificate-of-authority.json. A checksum lets you tell whether a claim you cited still says what it said.
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Reviewer notes
Fetched 2026-08-31 and read verbatim. Added in this revision to support the admission and certificate-of-authority point that Insurance Code section 105 does not support. Section 700 speaks to any class of insurance business generally; it is used here together with section 105, which is what places surety in a defined class. Effective: 2011-04-04