Statute · California Financial Code
Cal. Fin. Code § 6520 — General Powers
Cal. Fin. Code § 6520
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 1985-09-26
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Fin. Code § 6520 — General Powers is in force in the current edition of the Code, and nothing recorded condemns it.
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.