California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 1.3 - Standards for Approval of Insurer Names
Section 2278.51 - Definitions
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) The term "Licensee" refers to any type of entity specified in Section 2278.50 of this Article, regardless of the entity's form of organization, authorized by the Commissioner to transact insurance or other business in California.
(b) The term "Applicant" means any person seeking approval for the use of a name in accordance with these regulations, whether such person is proposed to be formed, in formation, or in existence.
(c) The term "Affiliate" means a person who directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with another person. Insurers that are within an insurance holding company system are Affiliates.
1. New section filed 10-11-2010; operative 11-10-2010 (Register 2010, No. 42).
Note: Authority cited: Sections 700, 720 and 790.10, Insurance Code; CalFarm Ins. Co. v. Deukmejian, (1989) 48 Cal.3d 805; and 20th Century Ins. Co. v. Garamendi, (1994) 8 Cal. 4th 216. Reference: Sections 742.42, 790.02, 790.03, 880, 881, 881.1, 881.2, 881.5, 882, 882.5, 883, 10970, 12162, 12389 and 12743, Insurance Code.
