{"code":"INS","codeName":"Insurance Code","section":"1596.5","citation":"Ins. Code, § 1596.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1"},{"name":"PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1/part-2"},{"name":"CHAPTER 4. Foreign Insurers [1561. - 1620.7.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-4"},{"name":"ARTICLE 2. Alien Insurers [1580. - 1599.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-4/article-2"}],"history":"Added by Stats. 1947, Ch. 162.","effective":null,"html":"<p>Trusteed assets may be held by a trustee in the name of a nominee of the trustee, when permitted by and in accordance with the law authorizing the trustee to act as trustee. For the purposes of this article, the trustee is deemed to have legal title to trusteed assets so held.</p>","text":"Trusteed assets may be held by a trustee in the name of a nominee of the trustee, when permitted by and in accordance with the law authorizing the trustee to act as trustee. For the purposes of this article, the trustee is deemed to have legal title to trusteed assets so held.","otherVersions":[],"url":"https://blackletter.si/insurance-code/alien-insurers-1596-5","source":"California Legislative Information bulk export (pubinfo)"}