California Insurance Code

§ 1724.5

INS § 1724.5 Effective Jul 23, 2021Div. 1 · Part 2 · Ch. 5 · Art. 12

Statute text

Every individual and organization licensee and every applicant for a license shall file with the commissioner in writing the true name of the individual or organization and also all fictitious names under which an individual or organization conducts or intends to conduct business and after licensing shall file with the commissioner any change in or discontinuance of those names. The commissioner may in writing disapprove the use of any true or fictitious name (other than the bona fide natural name of an individual) by any licensee on any of the following grounds:

(a)The name is an interference with or is too similar to a name already filed and in use by another licensee;

(b)The use of the name may mislead the public in any respect;

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Legislative history

Amended by Stats. 2021, Ch. 133, Sec. 16. (SB 272) Effective July 23, 2021.