California Code of Regulations
Title 10 - Investment
Chapter 5.5 - Major Risk Medical Insurance Board
Article 2 - Eligibility, Application, and Enrollment
Section 2698.208 - Payment to Insurance Agents and Brokers

Universal Citation: 10 CA Code of Regs 2698.208

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) If authorized by the board, the program shall pay an insurance agent as defined in section 31 of the Insurance Code or broker as defined in section 33 of the Insurance Code for assisting an individual in completing the application form, if the following conditions are met:

(1) The individual is enrolled as a result of the application;

(2) The agent or broker requests such payment in writing; and

(3) Such request accompanies the application and includes the name, license number, tax identification number or social security number, telephone number, and fax number (if available), signature, and address of the agent or broker.

(b) The amount of such payment shall be $100.00.

1. New section filed 12-20-90 as an emergency; operative 12-20-90 (Register 91, No. 11). A Certificate of Compliance must be transmitted to OAL by 4-19-91 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 12-20-90 order transmitted to OAL on 4-18-91 and filed 5-17-91 (Register 91, No. 27).
3. Amendment of subsection (a)(3) filed 8-4-2003 as an emergency; operative 8-4-2003 (Register 2003, No. 32). Amendments to remain in effect for 180 days pursuant to section 21, chapter 794, Statutes of 2002 (AB 1401). A Certificate of Compliance must be transmitted to OAL by 2-2-2004 or emergency language will be repealed by operation of law on the following day.
4. Certificate of Compliance as to 8-4-2003 order transmitted to OAL 1-23-2004 and filed 3-1-2004 (Register 2004, No. 10).
5. Amendment of subsection (b) and NOTE filed 5-9-2012; operative 7-1-2012 (Register 2012, No. 19).

Note: Authority cited: Sections 12711 and 12712, Insurance Code. Reference: Sections 12711 and 12711.5, Insurance Code.

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