100507
Effective Jan 1, 2011Added by Stats. 2010, Ch. 655, Sec. 11. (AB 1602) Effective January 1, 2011.
- (a) Notwithstanding any other provision of law, the Exchange shall not be subject to licensure or regulation by the Department of Insurance or the Department of Managed Health Care.
- (b) Carriers that contract with the Exchange shall have a license or certificate of authority from, and shall be in good standing with, their respective regulatory agencies.