The commissioner, in lieu of suspending or revoking a license issued under this chapter for violations of Sections 15039, 15041, and 15042, may impose a civil penalty not to exceed five hundred dollars ($500) upon a licensee, if the commissioner determines that such action better serves the purposes of this chapter.
Cal. Ins. Code § 15043
Disciplinary Proceedings
Known as the Public Insurance Adjusters Act
The act spans §§ 15000 to 15062 (71 sections).
Added by Stats. 1985, Ch. 1202, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.