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California Code, Insurance Code - INS § 1642

Current as of January 01, 2025 | Updated by Findlaw Staff

An insurer or reciprocal or interinsurance exchange is not eligible for any license under this chapter; but a corporation rendering sales services in connection with a separate account may be licensed irrespective of the extent of ownership of the corporation by an insurer.Nothing herein shall be interpreted to prohibit an insurer or reciprocal or interinsurance exchange from licensing its employees who solicit, negotiate, or effect contracts of insurance pursuant to this article.

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Cite this article: FindLaw.com - California Code, Insurance Code - INS § 1642 - last updated January 01, 2025 | https://codes.findlaw.com/ca/insurance-code/ins-sect-1642/

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