§ 10450 Any insurer transacting life insurance in this State on September 30, …
§ 10450.5 An insurer which is not registering its policies pursuant to the …
§ 10450.6 Any insurer registering its policies pursuant to this article on June …
§ 10451 When an insurer elects to register any of its policies, it shall …
§ 10452 Such registration shall in each case show the name and age of the …
§ 10454 An insurer registering policies shall maintain a special deposit of …
§ 10455 The commissioner shall give his receipt for the securities and the …
§ 10456 Such deposit shall be maintained in an amount equal to the full net …
§ 10457 Upon receipt of such securities, the commissioner shall immediately …
§ 10458 Such insurer may at any time withdraw any excess of such securities …
§ 10459 If such insurer owns the building in which it has its principal …
§ 10460 Such mortgage may be deposited in the State treasury as part of the …
§ 10461 The commissioner may release any such mortgage or may foreclose it in …
§ 10462 Should any insurer thus registering policies become insolvent, the …
§ 10463 The commissioner shall require in advance, in lawful money of the …

Terms Used In California Codes > Insurance Code > Division 2 > Part 2 > Chapter 5 > Article 2 - Registration of Life Policies

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
  • department: means State Department of Health Services. See California Health and Safety Code 20
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Mortgage: includes a trust deed, "mortgagor" includes a trustor under such trust deed, "mortgagee" includes a beneficiary under such trust deed, or a trustee exercising powers or performing duties granted to or imposed upon him thereunder, and "lien" in respect to real or personal property includes a charge or incumbrance arising out of a trust deed. See California Insurance Code 29
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: means the State of California, unless applied to the different parts of the United States. See California Health and Safety Code 23
  • State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28