California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 2. THE BUSINESS OF INSURANCE |
Chapter 5. Production Agencies |
ARTICLE 2. Comprehensive Definitions |
Section 1625.57.
Latest version.
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"License term" for a limited lines automobile insurance agent means all of that two-year period beginning as described in subdivision (a) or (b) of Section 1625.56, as applicable, and ending the second succeeding year on the last calendar day of the month in which the initial license was issued.
(Added by Stats. 2007, Ch. 271, Sec. 3. Effective January 1, 2008.)