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California Law (Last Updated: March 4, 2014) |
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Insurance Code - INS |
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Division 1. GENERAL RULES GOVERNING INSURANCE |
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Part 2. THE BUSINESS OF INSURANCE |
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Chapter 1. General Regulations |
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ARTICLE 8. Issue of Securities |
Section 834.
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The application for a permit to issue or sell securities shall be verified as provided in the Code of Civil Procedure for the verification of pleadings, and shall be filed on 81/2 x 11 inch size paper in the office of the commissioner. In the application the applicant shall set forth:
(a) The names and addresses of its officers.
(b) The location of its office.
(c) An itemized account of its financial condition, including the amount and character of its assets and liabilities.
(d) A detailed statement of the plan upon which it proposes to transact business.
(e) A copy of any security it proposes to issue.
(f) A copy of any contract it proposes to make concerning the same.
(g) A copy of any prospectus or advertisement, or other description of such securities, then prepared by it for distribution or publication.
(h) Such additional information concerning the company, its condition and affairs as the commissioner requires.