Cal. Ins. Code § 1628

Current through the 2024 Legislative Session.
Section 1628 - Organization

As used in this chapter, an "organization" means any legal entity other than a natural person. If reference is made to a natural person named on an organization license, the reference shall be to a person who is named to exercise the power and perform the duties under an organization license, pursuant to Section 1656. The natural person named on the organizational license shall meet the qualifications required for the type of license sought by the organization.

Ca. Ins. Code § 1628

Amended by Stats 2017 ch 417 (AB 1696),s 11, eff. 1/1/2018.
Amended by Stats 2002 ch 203 (AB 2984), s 3, eff. 1/1/2003.