California Insurance Code

§ 884

INS § 884 Effective Jan 1, 2018Div. 1 · Part 2 · Ch. 1 · Art. 9

Statute text

Unless renewed, the approval and registration of all underwriters’ names shall expire at 12:01 a.m. July 1 of each even-numbered year. Renewal may be secured by filing with the commissioner an application therefor, together with a fee of twenty-five dollars ($25). An application shall be filed during the month of May preceding that July 1. The commissioner shall furnish the application forms for the renewal. The commissioner shall, upon receipt of a proper renewal application and payment of the filing fee therefor, renew the approval and registration of the underwriter’s name unless he or she finds any of the following:

(a)The insurer has abandoned use of the underwriter’s name.

(b)The insurer is actually using or publicizing the name in any manner after it has discontinued the issuance of underwriter’s policies bearing that name.

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Legislative history

Amended by Stats. 2017, Ch. 534, Sec. 14. (AB 1699) Effective January 1, 2018.