No person shall act as, or hold himself out to be, an administrator in this state, other than an adjuster licensed in this state for the kinds of business for which he is acting as an administrator, unless he holds a certificate of registration as an administrator issued by the commissioner. Such certificate shall be issued, renewed, and held in accordance with, and subject to, all the provisions applicable to a life agent contained in Articles 6 (commencing with Section 1666), excluding Sections 1672 and 1673, 10 (commencing with Section 1708), excluding Section 1714, 11 (commencing with Section 1716), and 13 (commencing with Section 1737), excluding Sections 1741 and 1745, of, and subject to the fees applicable to resident life agents as set forth in Article 14 (commencing with Section 1750) of, Chapter 5 of this division. Every administrator shall also comply with Section 1724.5.
Cal. Ins. Code § 1759.10
Administrators
Showing this section's text as in effect on January 1, 2011 (in force January 1, 2011 – January 1, 2013). View current text →
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.