California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 12.9 - Life Settlements
Section 2548.10 - Provider and Broker Form Filing Requirements

Universal Citation: 10 CA Code of Regs 2548.10

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

(a) All providers and brokers including life producers complying with the notification procedure in Insurance Code section 10113.2(b)(1)(D)(ii) shall file all forms used in this State with the Commissioner. Providers shall file such forms by filling out and submitting the cover sheet referenced in section 2548.27 herein ("Life Settlement Form Filing Cover Sheet, California Insurance Code, section 10113.2(c)"), along with a copy of the form/s to be filed with the Commissioner. The cover sheet and a copy of the form/s shall be submitted to the Commissioner by uploading the documents utilizing the OASIS system located on the Department of Insurance's website at www.insurance.ca.gov or a similar system the Department should adopt in the future.

(b) Life settlement brokers shall file such forms by filling out and submitting the cover sheet referenced in section 2548.27 herein ("Life Settlement Form Filing Cover Sheet, California Insurance Code, section 10113.2(c)"), along with a copy of the form/s to be filed with the Commissioner. The cover sheet and a copy of the form/s shall be submitted to the Commissioner by uploading the documents utilizing the OASIS system located on the Department of Insurance's website at www.insurance.ca.gov or a similar system the Department should adopt in the future.

1. New section filed 7-29-2010 as an emergency; operative 7-29-2010. Emergency regulation shall remain in effect, not to be repealed by the Office of Administrative Law, unless repealed by the Department of Insurance pursuant to Insurance Code section 10113.35 (Register 2010, No. 31).
2. Change without regulatory effect amending NOTE filed 1-24-2012 pursuant to section 100, title 1, California Code of Regulations (Register 2012, No. 4).
3. Renumbering of former section 2548.10 to section 2548.11 and renumbering and amendment of former section 2548.9 to new section 2548.10 filed 11-25-2014; operative 1-1-2015 (Register 2014, No. 48).

Note: Authority cited: Section 10113.35, Insurance Code; CalFarm Ins. Co. v. Deukmejian, 48 Cal.3d 805 (1989); 20th Century Ins. Co. v. Garamendi, 8 Cal.4th 216 (1994). Reference: Section 10113.2, Insurance Code.

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