California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4 - Insurer Securities Permits
Article 3 - Applications-in General
Section 2603.11 - Legal Style; Prayer

Universal Citation: 10 CA Code of Regs 2603.11
Current through Register 2024 Notice Reg. No. 52, December 27, 2024

An application for an insurer securities permit shall assume the form of a sound legal pleading; it shall allege the facts essential to jurisdiction, the information required by the Insurance Code and these regulations, and (except in the case of applications for preorganization, subscription or certain negotiating permits) such additional facts and data as are reasonably necessary to enable the Commissioner to make the findings required by Section 839 and, when so requested by the Commissioner, Section 839.1.

Each such application shall conclude with an appropriate request that a permit issue, specifying what is sought to be authorized thereby, the number and description of shares or other securities asked to be authorized, the selling price thereof, and for what period of time the permit is warranted, giving commencement and termination dates where feasible. (Section 843)

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