§ 6520
72 words·~1 min read·
/ca/financial-code/6520A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An association, service corporation, or a person authorized in writing by an association may act as an agent for others except that an association may not act as an insurer or transact insurance as agent for an insurer. Any savings and loan association holding company or any service corporation that acts as an agent of an insurer shall conform to the requirements of Section 7455 and Section 770.1 of the Insurance Code.