Statute · California Insurance Code

Cal. Ins. Code § 1760 — Surplus Line Brokers

Cal. Ins. Code § 1760

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2013-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) A home state insured, as defined in subdivision (f) of Section 1760.1, may negotiate and effect insurance to protect himself, herself, or itself against loss, damage, or liability with any nonadmitted insurer.

Citator

Cal. Ins. Code § 1760 — Surplus Line Brokers is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A home state insured, as defined in subdivision (f) of Section 1760.1, may negotiate and effect insurance to protect himself, herself, or itself against loss, damage, or liability with any nonadmitted insurer.

(b) Every home state insured that effects insurance governed by this chapter shall pay the tax imposed by Part 7.5 (commencing with Section 13201) of Division 2 of the Revenue and Taxation Code.

(c) This section shall become operative on January 1, 2018.