California Statutes
§ 1628. — 1628. (Amended by Stats. 2017, Ch. 417, Sec. 11.)
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
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.
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California § 1628. (1628. (Amended by Stats. 2017, Ch. 417, Sec. 11.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2017, Ch. 417, Sec. 11. (AB 1696) Effective January 1, 2018.