California Statutes
§ 1625.56. — 1625.56. (Added by Stats. 2007, Ch. 271, Sec. 2.)
California·Code INS Insurance Code - INS·Div. 1. DIVISION 1. GENERAL RULES GOVERNING INSURANCE·Part 2. PART 2. THE BUSINESS OF INSURANCE·Ch. 5. CHAPTER 5. Production Agencies·Art. 2. ARTICLE 2. Comprehensive Definitions
“License year” for a limited lines automobile insurance agent shall be determined as follows:
(a)Upon initial licensing, the license year starts on the date the license is issued.
(b)Subsequently, each license year starts the first day of the month following the month in which the initial license was issued.
(c)A license year ends the following calendar year on the last calendar day of the month in which the initial license was issued.
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California § 1625.56. (1625.56. (Added by Stats. 2007, Ch. 271, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2007, Ch. 271, Sec. 2. Effective January 1, 2008.