LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeCorporations CodeCh. 1§ 25203 Insurance Company Exemption

§ 25203 Insurance Company Exemption

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 25203 Insurance Company Exemption

If someone only works for insurance companies, they don't have to follow the rules in Section 25230.

Key Takeaways

  • •The exemption only applies when all clients are insurance companies.
  • •If the person has even one non‑insurance client, the exemption disappears.
  • •The exemption means the person is not bound by the requirements of Section 25230.

Example

A lawyer only represents two big insurance firms and never takes any other kinds of clients.

Because the lawyer's only clients are insurance companies, the lawyer is not covered by the rules in Section 25230, so those rules don't apply to them.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 25203 Insurance Company Exemption

A person whose only clients are insurance companies shall be exempted from the provisions of Section 25230. (Amended by Stats. 1997, Ch. 391, Sec. 19. Effective January 1, 1998.)

Last verified: January 10, 2026

Key Terms

insurance companiesexemptSection 25230

Related Statutes

  • § 25204 Investor Protection Exemptions
  • § 25101 Exempt Securities Listing
  • § 25202 Out-Of-State Adviser Exemption
  • § 25206 Broker Exemption For Real Estate Partnerships
  • § 31105 Out-Of-State Franchise Exemption

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 25203.
View Official Source