There is a newer version of the California Code
2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
CHAPTER 3. Powers and Duties
Section 12713
CA Ins Code § 12713 (through 2012 Leg Sess) What's This?
Plan rates for major risk medical benefits approved for the program shall not be excessive, inadequate, or unfairly discriminatory, but shall be adequate to pay anticipated costs of claims or services and administration.
(Amended by Stats. 1990, Ch. 1060, Sec. 5. Effective September 19, 1990.)
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