Form 1120-L California San Bernardino 2024-2025

Form 1120-L California San Bernardino: What You Should Know

PCI) is the nation's largest independent business enterprise focused on the protection, preservation and promotion of the interests of its members in real estate and other insurance markets.  PCI's diversified business encompasses risk management, home building and property rental insurance for all sizes of business, business development and residential investment, asset protection, and financial services in the public and private sectors.  The Company's primary business involves the issuance and sale of mortgage-backed insurance, which it provides directly to its commercial customers as well as to commercial and institutional clients with whom it has a commercial relationship through the purchase of mortgage loan pools or the underwriting and pricing of commercial and residential loans.  The Company owns and operates four commercial properties in the San Bernardino Valley, all of which are located in the San Bernardino County in northern Orange County: El Camino Real and the Town Center West; the Shoshone Square West development in San Bernardino; the Town Center at Palm Avenue and Lake Street; and the Town Center at Pine Avenue and West Street.  All business activities of PCI are conducted according to the provisions of Section 856(b) of the Code of Federal Regulations and any applicable state law.  PCI, a Delaware corporation, is not organized as a separate legal entity, but is an entity that acts as the agent of its members, and that does not have its own assets or liabilities other than its members' interests, and must therefore be treated as acting upon the instructions of its members.  The Trust and PCI's members are the principal beneficiaries of the policy and must be the beneficiary and owners of the primary residences upon which the premiums are paid.  The policy is not payable to individuals other than the policyholder's spouse, if such spouse is a natural person, and no beneficiary other than the policyholder's spouse is payable.  PCI's members must be listed as beneficiaries if more than one residential property, and the policyholder must be listed as the beneficiary of the principal residence on which the insurance is purchased.  Beneficiary's name, address, and occupation Trust name PCI Policy Name Trustee Date of Birth Beneficiary's Name Address 1 Beneficiary's Occupation Trust names are established by a contract between both parties and are for property insurance purposes only. The owner of the policy is the Policyholder.

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