California Insurance Code 12391 – Such insurer also may:(a) Act as registrar or transfer agent of …
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Such insurer also may:
(a) Act as registrar or transfer agent of this State, or of any political subdivision or district therein, or of any private or public corporation.
Terms Used In California Insurance Code 12391
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28
(b) Transfer or countersign any evidences of indebtedness which it may insure.
(c) Transfer or countersign certificates of stock of any private or public corporation.
(Enacted by Stats. 1935, Ch. 145.)