California Insurance Code

§ 1809

INS § 1809Div. 1 · Part 2 · Ch. 7 · Art. 1

Statute text

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.

Legislative history

Amended by Stats. 1939, Ch. 361.