# Cal. INS § 12103: Section 12103

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12103

## Section

- **Citation:** Cal. INS § 12103
- **Heading:** Section 12103
- **Jurisdiction:** California
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** California Code / Code ins / Division 2 / Part 4 / Chapter 1 / Article 5 / Section 12103

## Text

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.

## Nearby sections

- [Cal. INS § 12100 Section 12100](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12100.md)
- [Cal. INS § 12101 Section 12101](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12101.md)
- [Cal. INS § 12102 Section 12102](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12102.md)
- [Cal. INS § 12103 Section 12103](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12103.md)
- [Cal. INS § 12104 Section 12104](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12104.md)
- [Cal. INS § 12105 Section 12105](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12105.md)
- [Cal. INS § 12106 Section 12106](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12106.md)
- [Cal. INS § 12107 Section 12107](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12107.md)
- [Cal. INS § 12108 Section 12108](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12108.md)
- [Cal. INS § 12109 Section 12109](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12109.md)
- [Cal. INS § 12110 Section 12110](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12110.md)
- [Cal. INS § 12111 Section 12111](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12111.md)
- [Cal. INS § 12112 Section 12112](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12112.md)
- [Cal. INS § 12113 Section 12113](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12113.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P4_C1_A5_S12103. Check the current official text before relying on it. Not legal advice.