California § 827. 827. (Amended by Stats. 1978, Ch. 349.)

California Statutes

§ 827. — 827. (Amended by Stats. 1978, Ch. 349.)

California·Code INS Insurance 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

An insurer shall not sell in this state, except upon a sale for delinquent assessment made in accordance with the provisions of Section 423 of the Corporations Code, or offer for sale, negotiate for the sale of, or take subscriptions for any security of its own issue until it shall have first applied for and secured from the commissioner a permit authorizing it so to do.

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California § 827. (827. (Amended by Stats. 1978, Ch. 349.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.