The provisions of law relating to unlawful rebates shall not apply to commissions or other consideration paid or exchanged between licensees under this chapter, except that in such case the licensee who executes the undertaking or executes or delivers the bail bond shall, in all matters in respect thereto, be deemed the principal and all licensees otherwise connected with the transaction shall be deemed his agents in respect thereto.
Cal. Ins. Code § 1809
Qualification and Licensing
Applied in 1 court decision — leading case 40 Cal. 2d 751 - Groves v. City of Los Angeles (1953)
Most recently applied in 40 Cal. 2d 751 - Groves v. City of Los Angeles (April 1953)
Amended by Stats. 1939, Ch. 361.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.