California · Public Utilities Code - PUC

PUC §24354: Upon not less than 10 days notification of a self-insurer the department may for reasonable cause cancel a certificate of self-insurance and shall cancel such certificate upon failure to pay any judgm

What this law says, in plain English

The department may cancel a self-insurer's certificate with 10 days' notice for reasonable cause, or must cancel it if the self-insurer fails to pay a judgment.

Read the full statutory text
Upon not less than 10 days notification of a self-insurer the department may for reasonable cause cancel a certificate of self-insurance and shall cancel such certificate upon failure to pay any judgment within 30 days.

Verify at the official source: California legislative text

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