California Insurance Code

§ 1723

INS § 1723 Effective Jan 1, 2000Div. 1 · Part 2 · Ch. 5 · Art. 11

Statute text

(a)At the time any original or renewal license application that is submitted to the commissioner shows a conviction of the applicant of a felony involving dishonesty or breach of trust, or of a violation of Section 1033 of Title 18 of the United States Code, the commissioner shall either commence a proceeding pursuant to Section 1668 or 1669, or Section 1738 in the case of a renewal application, or give written consent to the applicant or licensee pursuant to paragraph (2) of subsection (e) of Section 1033 of Title 18 of the United States Code.

(b)This section shall apply to all licenses and registrations issued by the commissioner pursuant to this code, whether included in this chapter or in any other chapter of this code, and without regard to whether another chapter incorporates the requirements of this section by reference.

Legislative history

Added by Stats. 1999, Ch. 782, Sec. 3. Effective January 1, 2000.