California Insurance Code 1637 – An organization may hold any license or licenses necessary to act in …
An organization may hold any license or licenses necessary to act in the following capacities under this chapter and no others:
(a) A license to act as a life agent.
Terms Used In California Insurance Code 1637
- Casualty broker-agent: means a person licensed pursuant to Section 1625. See California Insurance Code 33.5
- insurance agent: as used in this chapter does not include a life agent as defined in this article. See California Insurance Code 1621
- license: includes a certificate of convenience and a permanent license, and the term "persons who are licensed" includes the holders of any such certificate or the license, but these definitions and the use of those terms in this chapter shall not confer upon a certificate of convenience or any holder thereof any property right in or to the certificate, the certificate being and remaining only a temporary permit, issued as a matter of convenience, allowing the transaction of insurance without a permanent license, but within the limits, and subject to the conditions of the certificate of convenience issued and the laws applicable thereto. See California Insurance Code 1627
- licensee: means an insurer, agent, broker, or any other person who is required to be licensed by the department. See California Insurance Code 38.6
- organization: means any legal entity other than a natural person. See California Insurance Code 1628
- Property broker-agent: means a person licensed pursuant to Section 1625. See California Insurance Code 33.5
(b) A license to act as an accident and health or sickness agent.
(c) A license to act as a property broker-agent.
(d) A license to act as a casualty broker-agent.
(e) A license to act as a cargo shipper’s agent.
(f) A license to act as a personal lines licensee.
(g) A license to act as a credit insurance agent.
(h) A license to act as a car rental agent.
(i) A nonresident license to act as a limited lines licensee pursuant to subdivision (i) of Section 1639.
(j) A license to act as a self-service storage agent.
(k) A license to act as a limited lines automobile insurance agent.
(Amended by Stats. 2020, Ch. 184, Sec. 9. (SB 1255) Effective January 1, 2021.)