{"data":{"id":"us-ca/ins-10490.2","jurisdiction":"us-ca","citation":"INS § 10490.2","heading":"","body":"If an association described in Section 10490.1 has operated pursuant thereto since January 1, 1945, it may procure a certificate of exemption from the commissioner upon meeting all of the requirements of this article relating thereto except those of Section 10494. Thereafter such association shall be subject to:\n(a) All of the requirements of this article relating to an association holding a certificate of exemption except Section 10494, and\n(b) The limitations of Section 10490.1, except that it may pay disability benefits in amounts not exceeding three thousand six hundred dollars ($3,600) in the aggregate in any one calendar year on account of the disability of any one person.","path":["Insurance Code - INS","DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]","CHAPTER 5. General Regulation of Life Insurers [10430. - 10509.946.]","ARTICLE 4. Qualifications and Exemptions [10490. - 10505.1.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"cb768ef4c89cbc218e602e276ad203998a26b8a68619e4b45f8cda8d220c9152","source_id":"us-ca","stale":false,"prev":"us-ca/ins-10490.1","next":"us-ca/ins-10491"},"notice":"GroundRules: Original legal text. Not legal advice."}