California Insurance Code

§ 1781.2

INS § 1781.2Div. 1 · Part 2 · Ch. 6.5

Statute text

As used in this chapter:

(a)“Actuary” means a person who is a member in good standing of the American Academy of Actuaries, the Casualty Actuarial Society, or the Society of Actuaries, and is qualified to sign statements of actuarial opinion on loss reserves.

(b)“Controlling person” means any person, firm, association, or corporation who directly or indirectly has the power to direct or cause to be directed, the management, control, or activities of a reinsurance intermediary.

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Legislative history

Added by Stats. 1991, Ch. 1009, Sec. 1.