California Statutes

§ 10270.55. — 10270.55. (Amended by Stats. 1972, Ch. 420.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 4. CHAPTER 4. Standard Provisions in Disability Policies·Art. 1. ARTICLE 1. Scope of Chapter and Definitions
(a)With respect to a policy issued to a corporation, copartnership or individual employer eligible for group insurance pursuant to Section 10270.5, the term “employees” may be deemed to include the officers, managers and employees of subsidiary or affiliated corporations, and the individual proprietors, partners and employees of affiliated individuals and firms, when the business of such subsidiary or affiliated corporations, firms or individuals is controlled by the policyholder through stock ownership, contract or otherwise, or when the policyholder is controlled by affiliated corporations, firms or individuals through stock ownership, contract or otherwise.
(b)With respect to a policy issued to a copartnership or individual employer pursuant to Section 10270.5, the term “employees” ma

Free access — add to your briefcase to read the full text and ask questions with AI

California § 10270.55. (10270.55. (Amended by Stats. 1972, Ch. 420.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 1972, Ch. 420.

Nearby Sections

15
View on official source ↗