California Statutes
§ 1656. — 1656. (Amended by Stats. 2017, Ch. 417, Sec. 12.)
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. 4. ARTICLE 4. Applications
Every applicant for an organizational license shall provide the names of all licensed natural persons who may exercise the power and perform the duties under the license. Applicants for a nonresident organizational license are required to name at least one natural person from a state other than California who may exercise the power and perform the duties under their license. Additional natural persons endorsed to that license may be residents of other states, including California.
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California § 1656. (1656. (Amended by Stats. 2017, Ch. 417, Sec. 12.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2017, Ch. 417, Sec. 12. (AB 1696) Effective January 1, 2018.