California Code of Regulations (Last Updated: August 6, 2014) |
Title 10. Investment |
Chapter 5. Insurance Commissioner |
Subchapter 7. Insurance Adjusters |
Article 2. License Applications |
§ 2691.2. Disclosure of Ten Percent Ownership Interest.
Latest version.
- Every application for a license shall disclose, in addition to those matters required by statute, the full name and residence address of each person who directly or indirectly owns, controls, holds with power to vote, or holds proxies representing, ten percent or more of the voting securities of the licensee.
Note
Note: Authority cited: Section 14013, 14023, 14024 (h) and14025 (d), Insurance Code. Reference: Sections 14029 (b)(2) and 14039 (a) and (c), Insurance Code.