California Insurance Code

§ 14061

INS § 14061 Effective Jan 1, 1997Div. 5 · Ch. 1 · Art. 5

Statute text

The commissioner may suspend or revoke a license issued under this chapter or may issue a restricted license in accordance with Section 14026.5 if he or she determines that the licensee, or his or her manager, if an individual, or if the licensee is a person other than an individual, that any of its officers, directors, partners, or its manager, has:

(a)Made any false statement or given any false information in connection with an application for a license or a renewal or reinstatement of a license.

(b)Violated any provisions of this chapter.

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Legislative history

Amended by Stats. 1996, Ch. 707, Sec. 5. Effective January 1, 1997. Operative July 1, 1997, by Sec. 8 of Ch. 707.