When the manger or person on the basis of whose qualifications a license as an insurance adjuster has been obtained ceases to be connected with the licensee, the licensee shall notify the Commissioner, in writing, within 30 days from such cessation. If the licensee fails to notify the Commissioner within the 30 day period, the license is automatically suspended at the end of such 30 day period and may be reinstated only upon the filing of an application for reinstatement, payment of renewal fees and delinquency fees due, if any, and the qualification of an individual as provided in Insurance Code Sections 14025 or 14029 (b).
Cal. Code Regs. Tit. 10, § 2691.10
Note: Authority cited: Section 14029 (c) and 14030, Insurance Code. Reference: Section 14025, 14029 (c), 14030 and 14035, Insurance Code.