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California Insurance Code

§ 1768

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

Legislative history

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

Source: California Insurance Code § 1768 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.