The standards established by these regulations are applicable to names filed with the Insurance Commissioner on and after October 1, 1973, the effective date of these regulations. Producers may continue to use the name(s) under which they are licensed on the effective date of these regulations. The adoption of these regulations does not affect the authority of the Commissioner to order a producer to discontinue the use of a name on any of the grounds specified in Insurance Code Section 1724.5; provided, however, that any such action by the Commissioner shall be conducted in accordance with Chapter 5 of Part 1 of Division 3 of Title 2 of the Government Code.
Cal. Code Regs. Tit. 10, § 2052.5