Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA INSURANCE CODEDivision 1 - GENERAL RULES GOVERNING INSURANCEPart 2 - THE BUSINESS OF INSURANCE
Chapter 6 - SURPLUS LINE BROKERS
Section 1760.2 - Responsibility for determining whether applicant for insurance home state insured

Cal. Ins. Code § 1760.2

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Current through the 2023 Legislative Session.
Section 1760.2 - Responsibility for determining whether applicant for insurance home state insured

The surplus line broker shall be responsible for determining whether an applicant for nonadmitted insurance is a California home state insured. A surplus line broker who reasonably relies on information provided in good faith by the applicant, whether directly or through the producer, shall be deemed to be in compliance with this requirement.

Ca. Ins. Code § 1760.2

Added by Stats 2011 ch 83 (AB 315),s 10, eff. 7/13/2011, op. 7/21/2011.