California Insurance Code
§ 845
INS § 845 Effective Jan 1, 2026Div. 1 · Part 2 · Ch. 1 · Art. 8
Statute text
View on leginfo.ca.gov(a)A person shall not sell or resell any security of a domestic, foreign, or alien insurer:
(1)As an insurer with respect to securities of its own issue without securing the permit of the commissioner as provided in this article.
(2)As a stock agent of that insurer except under authority of a certificate issued by the commissioner under this code.
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Legislative history
Amended by Stats. 2025, Ch. 558, Sec. 4. (AB 487) Effective January 1, 2026.