California Insurance Code

§ 14029

INS § 14029 Effective Jan 1, 2009Div. 5 · Ch. 1 · Art. 3

Statute text

(a)The business of each licensee shall be operated under the active direction, control, charge, or management of the licensee, if the licensee is qualified, or the person who has qualified to act as the licensee’s manager, if the licensee is not qualified.

(b)No person shall act as a manager of a licensee until he or she has complied with each of the following:

(1)Demonstrated his or her qualifications by a written or oral examination, or a combination of both, if required by the commissioner.

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Legislative history

Amended by Stats. 2008, Ch. 300, Sec. 16. Effective January 1, 2009.