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Marginalia
Code · California · Insurance Code

§ 827

66 words·~1 min read·/ca/insurance-code/827

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

An insurer shall not sell in this state, except upon a sale for delinquent assessment made in accordance with the provisions of Section 423 of the Corporations Code, or offer for sale, negotiate for the sale of, or take subscriptions for any security of its own issue until it shall have first applied for and secured from the commissioner a permit authorizing it so to do.
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