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Section 1679 Of Article 7. License Qualification Examinations From California Insurance Code >> Division 1. >> Part 2. >> Chapter 5. >> Article 7.
1679
. (a) A nonresident applicant for a license shall be subject to
the same qualifying examination as is required of a resident
applicant. The examination may be administered to an eligible
nonresident applicant through the insurance authority of the state,
territory of the United States, or province of Canada of his or her
residence; provided, however, that the commissioner may, in his or
her discretion, enter into a reciprocal arrangement with the officer
having supervision of the insurance business in any other state,
territory of the United States, or province of Canada whose
qualification standards for the applicant to be examined are
substantially the same as or in excess of those of this state, to
accept, in lieu of the examination of an applicant residing therein,
a certificate of the officer to the effect that the applicant is
licensed in that state, territory of the United States, or province
of Canada in a capacity similar to that for which a license is sought
in this state and has complied with its qualification standards in
respect to all of the following:
(1) Experience or training.
(2) Reasonable familiarity with the broad principles of insurance licensing and regulatory laws and with the provisions, terms, and conditions of the insurance which the applicant proposes to transact.
(3) A fair and general understanding of the obligations and duties of a holder of the license sought.
(b) The provisions of this section shall not apply to a nonresident applicant who maintains a license in a jurisdiction that grants reciprocity to California residents in accordance with Section 1638.5.
(c) A nonresident applicant for an organizational license shall name at least one person from a state other than California who may exercise the power and perform the duties under their license. Additional persons endorsed to that license may be residents of other states, including California.
(1) Experience or training.
(2) Reasonable familiarity with the broad principles of insurance licensing and regulatory laws and with the provisions, terms, and conditions of the insurance which the applicant proposes to transact.
(3) A fair and general understanding of the obligations and duties of a holder of the license sought.
(b) The provisions of this section shall not apply to a nonresident applicant who maintains a license in a jurisdiction that grants reciprocity to California residents in accordance with Section 1638.5.
(c) A nonresident applicant for an organizational license shall name at least one person from a state other than California who may exercise the power and perform the duties under their license. Additional persons endorsed to that license may be residents of other states, including California.
