Ins. Code, § 709 · Article 3. Certificate of Authority
Ins. Code, § 709
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
If the insurer is organized in any other State, it shall, prior to admission, file with the commissioner a certificate setting forth:
(a) The nature and character of its business.
(b) The location of its principal office.
(c) The names of the following parties:
(1) If the insurer is not incorporated, and there are more than ten owners of interests therein, the names of the ten persons who own the largest interests; if there are ten or less such owners, the names of all such owners.
(2) If the insurer is incorporated, the names of all officers and persons by whom the business is managed.
(d) The amount of actual capital to be employed therein.
The certificate must be verified by the affidavit of the chief officer, secretary, agent, or manager of the company.
Notes and commentary — not statutory text
History
Enacted by Stats. 1935, Ch. 145.
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=709.
- Text hash
- sha256 38dbe8f67508132180c96c3452c012cff0fbc8384fc1705700784dada8eaeda9
- 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
Cited by 1 provision
Provisions in this library whose text cites Ins. Code, § 709. Each shows the citation as that text prints it.
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.