California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 12.9 - Life Settlements
Section 2548.16 - Verification of Coverage Form

Providers shall file verification of coverage forms with the Commissioner for approval pursuant to Insurance Code section 10113.3(b). If the licensee uses the form referenced at Section 2548.32 herein, the Commissioner's approval shall be deemed, and the licensee can use such form without receiving formal notification from the Commissioner as to its approval. If the licensee instead opts to use a form other than that referenced in section 2548.32, it shall file such form with the Commissioner for approval and shall use the procedure identified in section 2548.10 herein.

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 Emergency regulation shall remain in effect, not to be repealed by the Office of Administrative Law, unless repealed by the Department of Insurance pursuant to Insurance Code section 10113.35 (Register 2010, No. 31).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 2548.16 to section 2548.17 and renumbering and amendment of former section 2548.15 to new section 2548.16 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: Sections 10113.2 and 10113.3, Insurance Code.