{"data":{"id":"us-ca/ins-11692.5","jurisdiction":"us-ca","citation":"INS § 11692.5","heading":"","body":"On and after the effective date of this article, the commissioner shall collect a late filing fee from any admitted insurer or reinsurer that fails to deposit the securities when required by this code in the following amount:\n(a) If the deposit shortfall is outstanding for less than 31 days, 0.5 percent of the deposit shortfall, but in no event not less than six hundred dollars ($600).\n(b) If the deposit shortfall is outstanding for more than 30 days but less than 61 days, an additional late filing fee in the amount of 1 percent of the deposit shortfall, but in no event not less than one thousand two hundred dollars ($1,200) shall be due.\n(c) If the deposit shortfall is outstanding for 61 days or greater, an additional late filing fee of 1.5 percent of the deposit shortfall for every 30-day period thereafter, or fraction thereof, but in no event shall this portion of the late filing fee for each additional 30-day period or fraction thereof be less than three thousand dollars ($3,000). The late filing fees provided herein are in addition to all other rights and remedies granted the commissioner by this article.","path":["Insurance Code - INS","DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE [11550. - 11895.]","CHAPTER 3. Regulation of Business of Workers’ Compensation Insurance [11690. - 11761.]","ARTICLE 1. Deposits by Workers’ Compensation Insurers [11690. - 11703.]"],"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":"118c319694d9cf07e7e83b9d5feb95c31ad74628fe1a967cda3fbea0e12c4104","source_id":"us-ca","stale":false,"prev":"us-ca/ins-11692","next":"us-ca/ins-11693"},"notice":"GroundRules: Original legal text. Not legal advice."}
