Section 1661 Of Article 4. Applications From California Insurance Code >> Division 1. >> Part 2. >> Chapter 5. >> Article 4.
1661
. Whenever an organization licensed as a life agent, property
broker-agent, casualty broker-agent, personal lines broker-agent, or
limited lines automobile insurance agent desires to change, remove,
or add to the natural person or persons who are to transact insurance
under authority of its license, it shall immediately file an
application or notice on a form prescribed by the commissioner with
the commissioner for an endorsement changing its license accordingly.
The form shall be submitted by a means of electronic service
approved by the commissioner. The commissioner shall require that the
prelicensing education standards set forth in Section 1749 be met
and that the qualifying examination provided by this code be taken by
any natural person named by the organization to exercise its agency
or brokerage powers who would be required to take and pass the
qualifying examination. That natural person or persons and the
organization are in all other respects subject to the provisions of
this chapter and the insurance laws.