US lawCaliforniaStatutesCode insDivision 2Part 2Chapter 9Article 710860Cal. INS § 10860Cal. INS § 10860Last amended: 1996Year: 2025Length: 23 wordsOfficial source Contracts between the purchasing alliance and participating carriers shall specify how all premiums will be transmitted, and penalties and grace periods for payments.NextCal. INS § 10861