§ 1724 An agent, broker, or solicitor who is not an active member of the …
§ 1724.5 Every individual and organization licensee and every applicant for …
§ 1725 Every license to act as a resident property broker-agent, casualty …
§ 1725.5 (a) Every person licensed under Sections 1625, 1625.5, 1625.55, …
§ 1726 (a) A person who is licensed in this state as an insurance agent …
§ 1727 (a) The commissioner shall, after notice and hearing, promulgate …
§ 1728 Every resident insurance property broker-agent and every resident …
§ 1729 Every licensee and every applicant for a license shall immediately …
§ 1729.2 (a) An applicant or licensee shall notify the commissioner when …
§ 1729.5 A property broker-agent, casualty broker-agent, or life agent who has …
§ 1730 A licensee shall not misrepresent the type of license under which he …
§ 1730.5 A life agent, a property broker-agent, and a casualty broker-agent …
§ 1730.6 (a) Every property broker-agent and every casualty broker-agent …
§ 1731 A person licensed as a broker-agent shall be deemed to be acting as …
§ 1732 A person acting as an insurance broker may, on behalf of an insurance …
§ 1733 All funds received by any person acting as a licensee under this …
§ 1734 This section applies to any person licensed, whether under a …
§ 1734.5 (a) (1) If fiduciary funds, as defined in Section 1733, are …
§ 1735 (a) As used in this section, a managing general agent is a …
§ 1735.5 A property broker-agent, casualty broker-agent, or surplus line …
§ 1736 If any acts are forbidden or conduct prescribed by any provisions of …
§ 1736.5 (a) Every licensee and applicant shall promptly reply in writing …

Terms Used In California Codes > Insurance Code > Division 1 > Part 2 > Chapter 5 > Article 12

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Casualty broker-agent: means a person licensed pursuant to Section 1625. See California Education Code 32061
  • Commissioner: means the Insurance Commissioner of this State. See California Education Code 25022.5
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • County: includes city and county. See California Education Code 19479
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fiduciary: A trustee, executor, or administrator.
  • Foreign: means not organized under the laws of this State, whether or not admitted. See California Education Code 32032
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Harbor: as used in this article , includes any bay, inlet, or other arm of the sea in which the tides of the Pacific Ocean ebb and flow, except such as are excluded from the application of this chapter by the provisions of Section 4049 of this code. See California Insurance Code 1732
  • insurance agent: as used in this chapter does not include a life agent as defined in this article. See California Insurance Code 1621
  • Insurance broker: means a person who, for compensation and on behalf of another person, transacts insurance other than life, disability, or health with, but not on behalf of, an insurer. See California Education Code 32060
  • Insurance solicitor: means a natural person employed to aid a property and casualty broker-agent acting as an insurance agent or insurance broker in transacting insurance other than life, disability, or health. See California Education Code 32062
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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 Education Code 32080
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Oath: includes affirmation. See California Education Code 19482
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • organization: means any legal entity other than a natural person. See California Insurance Code 1628
  • Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Education Code 25022
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Property broker-agent: means a person licensed pursuant to Section 1625. See California Education Code 32061
  • Resident: means residing in this State, "nonresident" means not residing in this State. See California Education Code 32040
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: means the State of California, unless applied to the different parts of the United States. See California Education Code 32033
  • State: means the State of California, unless applied to the different parts of the United States. See California Education Code 19510
  • Summons: Another word for subpoena used by the criminal justice system.
  • Surplus line broker: means a person licensed under Section 1765 and authorized to do business under Chapter 6 (commencing with Section 1760) of Part 2 of Division 1. See California Education Code 32224
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC