California § 10479.5 - When the commissioner has valued the reserve liabilities of an insurer as provide

Full text of California Public Contract Code - PCC § 10479.5 — When the commissioner has valued the reserve liabilities of an insurer as provide, with citation guidance and answers to common questions.

§ 10479.5. When the commissioner has valued the reserve liabilities of an insurer as provide

When the commissioner has valued the reserve liabilities of an insurer as provided by this article, he or she may upon request of the insurer issue his or her official certificate or certificates describing the reserve liability and the valuation thereof as he or she has determined. For issuing an original certificate, the commissioner shall require, in advance, a fee of forty-seven dollars ($47), plus the actual cost to the department of making the valuation on which the certificate is based including, but not limited to, the aggregate salaries computed on an hourly basis for the time actually spent thereon by all of the department personnel.

Source: official California text · Last verified 2026-08-27

Frequently Asked Questions About California § 10479.5

What does Public Contract Code - PCC § 10479.5 cover?

Section 10479.5 ("When the commissioner has valued the reserve liabilities of an insurer as provide") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 10479.5?

A common citation format is "Public Contract Code - PCC § 10479.5" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 10479.5 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.