California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 1 - Production of Insurance
Article 11 - Portable Electronics Insurance Agent Licensing Regulations
Section 2194.8 - Procedures

Universal Citation: 10 CA Code of Regs 2194.8

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

(a) The following criteria shall apply to procedures employed by the Commissioner in considering and issuing licenses under this article:

(1) If the application is deficient, the Commissioner shall, within twenty-one (21) days of receipt of the license application, inform the applicant, in writing, that the application is deficient and what specific information is required for completion. Absent notice of a deficiency, the application is deemed complete at the date of filing.

(2) The Commissioner shall, within thirty (30) calendar days of the applicant's filing of a completed application, reach a decision whether to issue or deny a license, and shall notify the applicant of the decision. If the Commissioner has decided to deny the application, the reason(s) therefor shall be set forth in the notification.

(b) The periods set forth above shall be tolled in the event the application requires legal action by the Commissioner.

(c) The Department of Insurance's median, minimum and maximum times for processing a similar license from the receipt of the initial completed application to the final license decision, and excluding applications that require legal action by the Commissioner, are as follows:

(1) thirty (30) calendar days (median time),

(2) fourteen (14) calendar days (minimum time), and

(3) one (1) calendar year (maximum time).

1. New section filed 7-11-2003 as an emergency; operative 7-11-2003 (Register 2003, No. 28). A Certificate of Compliance must be transmitted to OAL by 11-10-2003 or emergency language will be repealed by operation of law on the following day.
2. New section refiled 11-7-2003 as an emergency; operative 11-10-2003 (Register 2003, No. 45). A Certificate of Compliance must be transmitted to OAL by 3-9-2004 or emergency language will be repealed by operation of law on the following day.
3. New section refiled 3-8-2004 as an emergency; operative 3-9-2004 (Register 2004, No. 11). A Certificate of Compliance must be transmitted to OAL by 7-7-2004 or emergency language will be repealed by operation of law on the following day.
4. New section refiled 7-7-2004 as an emergency; operative 7-7-2004 (Register 2004, No. 28). A Certificate of Compliance must be transmitted to OAL by 11-4-2004 or emergency language will be repealed by operation of law on the following day.
5. Certificate of Compliance as to 7-7-2004 order transmitted to OAL 11-2-2004 and filed 12-17-2004 (Register 2004, No. 51).

Note: Authority cited: Sections 1758.6 and 1758.693, Insurance Code. Reference: Section 15376, Government Code; and Section 1670, Insurance Code.

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