As used in this chapter:

(a) “Commissioner” means the Insurance Commissioner.

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Terms Used In California Insurance Code 14001

  • Commissioner: means the Insurance Commissioner. See California Insurance Code 14001
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Department: means the Department of Insurance. See California Insurance Code 14001
  • Licensee: means a person licensed under this chapter. See California Insurance Code 14001
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes any individual, firm, company, association, organization, partnership, limited liability company, and corporation. See California Insurance Code 14001

(b) “Department” means the Department of Insurance.

(c) “Licensee” means a person licensed under this chapter.

(d) “Manager” means the individual under whose direction, control, charge, or management the business of a licensee is operated.

(e) “Person” includes any individual, firm, company, association, organization, partnership, limited liability company, and corporation.

(Amended by Stats. 1994, Ch. 1010, Sec. 176. Effective January 1, 1995.)