California Insurance Code

§ 1768

INS § 1768 Effective Jan 1, 2013Div. 1 · Part 2 · Ch. 6

Statute text

A resident surplus line broker shall keep in this state complete records of the business transacted by him or her for California home state insureds with nonadmitted insurers under his or her license as a surplus line broker including all of the following documentation for each policy:

(a)Verification that the insured is a California home state insured.

(b)Verification that the commercial insured or industrial insured qualifies for the provisions of this code.

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Legislative history

Amended by Stats. 2012, Ch. 162, Sec. 108. (SB 1171) Effective January 1, 2013.