If a licensed P&C broker-agent moves to a new business address, the licensee must notify the Commissioner of the change within how many days?

a.5 days
b.10 days
c.20 days
d.30 days

Explanation

Section 1724.5 requires a licensee to file a notice of change of address with the Commissioner within 30 days. Shorter periods are not statutory.

Law Reference: Cal. Ins. Code §1724.5

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