Section 2175.8 - Written Consent as a Prerequisite for Obtaining or Retaining a License(a) Prohibited Persons are required to obtain the express, written consent of the Commissioner before any license application shall be considered.(b) Licensees, who are prohibited persons, must have the Commissioner's express Written Consent pursuant to the Act and these regulations prior to engaging in, or transacting, the business of insurance. Licensees who have complied with the provisions of section 2175.4 herein and who are within the ninety (90) day period specified in section 2175.4 are not subject to this provision.(c) No Prohibited Person shall be granted a license, shall be permitted to retain a license or shall engage in, or transact, the business of insurance if their Request for Written Consent has been denied.Cal. Code Regs. Tit. 10, § 2175.8
1. New section filed 8-21-2003; operative 8-21-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 34). Note: Authority cited: Sections 1723 and 1742.2, Insurance Code Reference: Sections 1723 and 1742.2, Insurance Code; and 18 U.S.C. § 1033.
1. New section filed 8-21-2003; operative 8-21-2003 pursuant to Government Code section 11343.4 (Register 2003, No. 34).