Cal. Code Regs. tit. 10 § 2691

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 2691 - Classes

Licenses shall be classified according to the nature of the business entity and according to the general or usual nature of the business conducted, or to be conducted, determined by the usual clientele of the licensee.

(a) Classes, according to the nature of the business entity are:

(1) Individual;

(2) Partnership;

(3) Corporation;

(4) Unincorporated association.

Unincorporated associations include all associations other than partnerships and corporations and shall not be licensed unless each member or associate thereof is licensed in the same capacity.

(b) Licenses classified by the nature of business are the following:

(1) Independent adjusters, which are those licensees principally engaged by insurance companies;

(2) Public adjusters, which are those licensees principally engaged by insured persons.

Cal. Code Regs. Tit. 10, § 2691

1. New Subchapter 7 (Articles 1-10, Sections 2691 and 2691.1 --2691.24) filed 2-11-82; effective thirtieth day thereafter (Register 82, No. 7).

Note: Authority cited: Section 14013, Insurance Code. Reference: Section 14024, Insurance Code.

1. New Subchapter 7 (Articles 1-10, Sections 2691 and 2691.1 - 2691.24) filed 2-11-82; effective thirtieth day thereafter (Register 82, No. 7).