Ins. Code, § 1831 · Chapter 8. Life and Disability Insurance Analysts
Ins. Code, § 1831
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The following persons are exempt from this chapter:
(a) Active members of the State Bar of California.
(b) Any person who has passed all of the qualifying examinations necessary to become an associate of the Society of Actuaries.
(c) An officer or employee of any bank or trust company who receives no compensation from sources other than the bank or trust company for activities connected with his employment which would otherwise subject him to this chapter.
(d) Any person employed by an employer who on behalf of his or her employer or any employee of his or her employer transacts life or disability insurance with, but not on behalf of, an insurer; or,
Advises his or her employer or any employee of his or her employer in any manner concerning life or disability insurance; if:
(1) The employer receives no compensation by reason of such transactions or advice; and
(2) Such person receives no compensation from any source other than his or her employer for such transactions and advice.
(e) An investment advisor, as defined in Section 25009 of the Corporations Code, when acting in that capacity.
Notes and commentary — not statutory text
History
Amended by Stats. 1983, Ch. 962, Sec. 4.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1831.
- Text hash
- sha256 592c825ac37e758878d6fa63f5cae57090d2957a4a5158e49286d7295a7c6236
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Corporations Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.