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Article 8. Certificates Of Convenience of California Insurance Code >> Division 1. >> Part 2. >> Chapter 5. >> Article 8.
The commissioner may issue to an eligible person a
certificate of convenience to act as any of the following:
(a) Any type of a licensee under this chapter or Chapter 6 (commencing with Section 1760), Chapter 7 (commencing with Section 1800), or Part 5 (commencing with Section 121401) of Division 2 to administer the business of a licensed person who has died or who has been declared incompetent by the judgment of a court of competent jurisdiction. That certificate of convenience may be denominated an estate certificate of convenience.
(b) Any type of a licensee under this chapter or Chapter 6 (commencing with Section 1760), Chapter 7 (commencing with Section 1800), or Part 5 (commencing with Section 121401) of Division 2 to conserve the business of a licensed natural person who enters the military service of the United States or to conserve the business of an organization under the conditions specified in Section 1697. That certificate of convenience may be denominated a military service certificate.
(a) Any type of a licensee under this chapter or Chapter 6 (commencing with Section 1760), Chapter 7 (commencing with Section 1800), or Part 5 (commencing with Section 121401) of Division 2 to administer the business of a licensed person who has died or who has been declared incompetent by the judgment of a court of competent jurisdiction. That certificate of convenience may be denominated an estate certificate of convenience.
(b) Any type of a licensee under this chapter or Chapter 6 (commencing with Section 1760), Chapter 7 (commencing with Section 1800), or Part 5 (commencing with Section 121401) of Division 2 to conserve the business of a licensed natural person who enters the military service of the United States or to conserve the business of an organization under the conditions specified in Section 1697. That certificate of convenience may be denominated a military service certificate.
To be eligible for an estate certificate of convenience, a
person shall be one of the following:
(a) The executor or administrator of the estate of a deceased property broker-agent, casualty broker-agent, or life agent.
(b) If no executor or administrator has been appointed, the surviving spouse or heir otherwise entitled to conduct the business of the deceased property broker-agent, casualty broker-agent, or life agent.
(c) The conservator of the estate of a property broker-agent, casualty broker-agent, or life agent.
(a) The executor or administrator of the estate of a deceased property broker-agent, casualty broker-agent, or life agent.
(b) If no executor or administrator has been appointed, the surviving spouse or heir otherwise entitled to conduct the business of the deceased property broker-agent, casualty broker-agent, or life agent.
(c) The conservator of the estate of a property broker-agent, casualty broker-agent, or life agent.
Except as provided in Section 1637, to be eligible for a
military service certificate of convenience, a person is required to
be nominated therefor by the holder of a permanent license who, while
the holder, entered the military service of the United States.
"Military service" has the meanings ascribed to it by Section 101 of
the Servicemembers Civil Relief Act of 2003 (Public Law 108-189).
An estate certificate of convenience expires upon the
happening of any of the following events, whichever occurs first:
(a) Upon the filing with the commissioner of a certified copy of an order appointing an executor or administrator, if the certificate of convenience has been issued to a person other than the person so appointed executor or administrator.
(b) Upon the filing with the commissioner of a certified copy of an order appointing a new conservator of the estate of a property broker-agent, casualty broker-agent, or life agent.
(c) Upon the disposal of the business of the property broker-agent, casualty broker-agent, or life agent who is deceased or for whom a conservator of the estate has been appointed.
(d) Upon the expiration of one year after the death of the deceased property broker-agent, casualty broker-agent, or life agent; provided, however, that if during the said year the holder of the certificate of convenience files an application for a license to act as a property broker-agent, casualty broker-agent, or life agent in his or her individual capacity, then the certificate of convenience may remain in force until the holder thereof has been given an opportunity to take the qualifying examination for the license.
(e) Upon the termination of the conservatorship of the estate of the property broker-agent, casualty broker-agent, or life agent.
(a) Upon the filing with the commissioner of a certified copy of an order appointing an executor or administrator, if the certificate of convenience has been issued to a person other than the person so appointed executor or administrator.
(b) Upon the filing with the commissioner of a certified copy of an order appointing a new conservator of the estate of a property broker-agent, casualty broker-agent, or life agent.
(c) Upon the disposal of the business of the property broker-agent, casualty broker-agent, or life agent who is deceased or for whom a conservator of the estate has been appointed.
(d) Upon the expiration of one year after the death of the deceased property broker-agent, casualty broker-agent, or life agent; provided, however, that if during the said year the holder of the certificate of convenience files an application for a license to act as a property broker-agent, casualty broker-agent, or life agent in his or her individual capacity, then the certificate of convenience may remain in force until the holder thereof has been given an opportunity to take the qualifying examination for the license.
(e) Upon the termination of the conservatorship of the estate of the property broker-agent, casualty broker-agent, or life agent.
A military service certificate of convenience shall terminate
upon the relicensing of the nominating licensee, but in no event
shall it remain in force beyond the period set forth in Section 1722.
A military service certificate of convenience may be issued
to an organization only under the following circumstances:
(a) Such organization is the holder of a permanent license, and
(b) The person entering the military service of the United States is the only natural person named on the license of such organization.
(a) Such organization is the holder of a permanent license, and
(b) The person entering the military service of the United States is the only natural person named on the license of such organization.
The military service certificate of convenience referred to
in Section 1697 expires at one of the following times, whichever
occurs first:
(a) Upon the qualification of a natural person to be named on the permanent license of the organization; or
(b) Six months after the issuance of the certificate of convenience.
(a) Upon the qualification of a natural person to be named on the permanent license of the organization; or
(b) Six months after the issuance of the certificate of convenience.
