California Statutes

§ 1642. — 1642. (Amended by Stats. 2000, Ch. 321, Sec. 4.7.)

California § 1642.
JurisdictionCalifornia
Code INSInsurance 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. 3.ARTICLE 3. Licensing

This text of California § 1642. (1642. (Amended by Stats. 2000, Ch. 321, Sec. 4.7.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 1642. (2026).

Text

An insurer or reciprocal or interinsurance exchange is not eligible for any license under this chapter; but a corporation rendering sales services in connection with a separate account may be licensed irrespective of the extent of ownership of the corporation by an insurer. Nothing herein shall be interpreted to prohibit an insurer or reciprocal or interinsurance exchange from licensing its employees who solicit, negotiate, or effect contracts of insurance pursuant to this article.

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

Legislative History

Amended by Stats. 2000, Ch. 321, Sec. 4.7. Effective January 1, 2001. Operative January 1, 2002, by Sec. 9 of Ch. 321.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
California § 1642., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1642..