California Codes > Insurance Code > Division 2 > Part 1 > Chapter 4 > Article 6 – Nonassessable Policies
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Terms Used In California Codes > Insurance Code > Division 2 > Part 1 > Chapter 4 > Article 6 - Nonassessable Policies
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
- 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.
- Domestic: means organized under the laws of this State, whether or not admitted. See California Insurance Code 26
- Foreign: means not organized under the laws of this State, whether or not admitted. See California Insurance Code 27
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Health and Safety Code 19
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28