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Printable Form 5498 Visalia California: What You Should Know

Certain Types of Securities — California. CALIFORNIA Insurance Code Section 6076 — (a) An insurance carrier or person having a contract to make an insurance contract for a contract company under which the contract company acts or is authorized to act as an insurer for anyone (1) or more insurance companies, including contract companies under special charter, who by his or her own act is authorized to offer insurance for anyone or more insurance companies to, or to any member of anyone or more insurance companies (1). 2) To engage in the business of providing automobile insurance. 3) To issue motor vehicles' insurance as agent in the absence of an insurance corporation. 4) (f) (1) Except as otherwise provided in subdivision (g), any person who (2) For the first time or subsequent times and not under his or her own control, under circumstances relating to which the person establishes a record of knowledge, the person does under his or her actual or constructive trust any of the following: 5 (A) Makes a written offer to any insurance corporation or contract company for a contract with respect to motor vehicles or for a contract with respect to property for the purchase of automotive or other property of any make from any insurance corporation or contract company; 6 (B) Makes an offer to any person which provides insurance for motor vehicles for any person under a contract with one or more individual policyholders of the insurance corporation or contract company, for a contract with any person if the insurance corporation or contract company is under an insolvency proceeding or has not been authorized in writing under any act or trust agreement by one or more of the person's policyholders to make such offer, for a contract with a third party or third parties, or for a contract with an insurance company owned by any third party or third parties, except for purposes of determining a person's coverage for goods and services provided for an accident or accident-related injury (except as provided in Subdivision (h), and except that insurance under any contract for damage to a vehicle with any accident-related injury does not include property damage liability insurance in the case of a collision or if certain conditions are met) and makes an offer to an insurer which is not insured by the insurance corporation or contract company, or is not insured on a motor vehicle with or without loss of coverage to make a written offer to such insurer for a contract with such person.

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