DIVISION 2. SAVINGS ASSOCIATION LAW 5000-10009›CHAPTER 4. Powers of Associations 6500-6558›ARTICLE 1. General Powers 6500-6530
§ 6520
California Financial Code · 2018-11 edition · updated 2026-10-04 · California
An association, service corporation, or a person authorized in writing by an association may act as an agent for others except that an association may not act as an insurer or transact insurance as agent for an insurer. Any savings and loan association holding company or any service corporation that acts as an agent of an insurer shall conform to the requirements of Section 7455 and Section 770.1 of the Insurance Code.
(Amended by Stats. 1985, Ch. 983, Sec. 6.5. Effective September 26, 1985.)
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