Statute · California Insurance Code
Cal. Ins. Code § 1596.5 — Alien Insurers
Cal. Ins. Code § 1596.5
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Trusteed assets may be held by a trustee in the name of a nominee of the trustee, when permitted by and in accordance with the law authorizing the trustee to act as trustee. For the purposes of this article, the trustee is deemed to have legal title to trusteed assets so held.
Citator
Cal. Ins. Code § 1596.5 — Alien Insurers is in force in the current edition of the Code, and nothing recorded condemns it.
Trusteed assets may be held by a trustee in the name of a nominee of the trustee, when permitted by and in accordance with the law authorizing the trustee to act as trustee. For the purposes of this article, the trustee is deemed to have legal title to trusteed assets so held.