ARTICLE 4. Qualifications and Exemptions [10490. - 10505.1.]
Article 4 repealed and added by Stats. 1941, Ch. 1060.
§§ 10490–10505.1 · 22 sections
- § 10490 This article is applicable only to life and disability insurance. Except as otherwise expressly permitted by this code or when transacted pursuant to or…
- § 10490.1 Any nonprofit incorporated or unincorporated mutual benefit association in existence prior to January 1, 1945, which confines its membership to officers and…
- § 10490.2 If an association described in Section 10490.1 has operated pursuant thereto since January 1, 1945, it may procure a certificate of exemption from the…
- § 10491 Persons possessing a valid and unrevoked certificate of authority to transact life or disability or life and disability insurance issued by the commissioner…
- § 10492 Any incorporated or unincorporated benefit and relief association organized on or after January 15, 1951, of either nonprofit or charitable character may, if…
- § 10493 An incorporated or unincorporated benefit and relief association organized before January 15, 1951, may procure a certificate of exemption from the…
- § 10494 Such a benefit and relief association shall not provide for payment of a death benefit of more than two thousand dollars ($2,000) or for disability benefits of…
- § 10494.2 Any incorporated or unincorporated benefit and relief association, the membership and insurance in which are restricted to the ministers, priests, rabbis,…
- § 10494.5 Any employer maintaining a plan for furnishing disability insurance benefits to his employees for nonindustrial and nonoccupational injuries or sickness, under…
- § 10494.6 Any employer who qualifies for a certificate of exemption under Section 10494.5 by virtue of which certificate he or she maintains a plan for furnishing…
- § 10494.7 With respect to the supplemental plan described in Section 10494.6, the commissioner may, in addition to the regulations permitted by Section 10498.6,…
- § 10495 A certificate of exemption may be procured from the commissioner by filing with him or her certified copies of the articles of incorporation, association,…
- § 10496 Any person transacting life or disability insurance without a certificate of authority so to do issued by the commissioner shall not give, allow, or promise to…
- § 10497 If the commissioner finds that an applicant for a certificate of exemption meets the applicable requirements of this article and those requirements of this…
- § 10498 An applicant for a certificate of exemption must comply with, and the possessor of a certificate of exemption is subject to, the following provisions of this…
- § 10498.5 If a holder of a certificate of exemption receives or maintains funds for any purpose other than administering and providing the benefits that make it subject…
- § 10498.6 The commissioner may from time to time issue regulations which shall govern persons holding certificates of exemption under this article, setting forth…
- § 10499 The commissioner may at any time notify any person possessing a certificate of exemption that the commissioner has grounds to believe that it is violating any…
- § 10500 Every person not expressly exempted by the provisions of this code that transacts life or disability insurance without a valid and unrevoked certificate of…
- § 10501 Any person subject to this article who upon January 1, 1943, was paying, allowing, or promising to pay benefits in the event of death or disability, or…
- § 10505 (a) A labor union having all of the following characteristics is exempt from the provisions of this code relating to life and disability insurance in respect…
- § 10505.1 (a) (1) Any nonprofit cooperative assessment association, the membership and insurance in which are restricted to members of a labor union, is exempt from the…