California Statutes
§ 824. — 824. (Amended by Stats. 2025, Ch. 558, Sec. 2.)
California § 824.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE
Part 2.PART 2. THE BUSINESS OF INSURANCE
Ch. 1.CHAPTER 1. General Regulations
Art. 8.ARTICLE 8. Issue of Securities
This text of California § 824. (824. (Amended by Stats. 2025, Ch. 558, Sec. 2.)) 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 § 824. (2026).
Text
“Broker” means every person, other than a stock agent, who in this state engages either wholly or in part in the business of (a) dealing in any security issued by others, (b) underwriting any issue of such securities, (c) purchasing such securities with the purpose of reselling them, or (d) offering such securities for sale to the public. Authority to act as a broker shall not be implied from an appointment executed by an insurer appointing a stock agent of that insurer.
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Legislative History
Amended by Stats. 2025, Ch. 558, Sec. 2. (AB 487) Effective January 1, 2026.
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Bluebook (online)
California § 824., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/824..