Section 2176.3 - Temporary Written Consent(a) The Commissioner has the discretion to grant a temporary Written Consent that will expire at a time certain.(b) Upon the expiration of a temporary Written Consent, the Prohibited Person is in violation of the Act if the Prohibited Person is engaging in or transacting the business of insurance without first receiving a new, express, Written Consent from the Commissioner.Cal. Code Regs. Tit. 10, § 2176.3
1. New section filed 3-10-2003; operative 4-9-2003 (Register 2003, No. 11). Note: Authority cited: Sections 1723 and 1742.2, Insurance Code Reference: Sections 1065.3, 1669 and 1742.2, Insurance Code.
1. New section filed 3-10-2003; operative 4-9-2003 (Register 2003, No. 11).