Section 1693 Of Article 8. Certificates Of Convenience From California Insurance Code >> Division 1. >> Part 2. >> Chapter 5. >> Article 8.
1693
. 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.