BlackletterCalifornia law

Business and Professions Code § 26261

CHAPTER 24. Information Sharing with Financial Institutions

Current as of September 28, 2026Bus. & Prof. Code, § 26261Official source ↗Ask about this

Added by Stats. 2022, Ch. 393, Sec. 1. (AB 2568) Effective January 1, 2023.

An individual or firm, that is licensed by the Department of Insurance pursuant to Chapter 5 (commencing with Section 1621), Chapter 6 (commencing with Section 1760), or Chapter 8 (commencing with Section 1831) of Part 2 of Division 1 of the Insurance Code, does not commit a crime under California law solely for providing insurance or related services to persons licensed to engage in commercial cannabis activity pursuant to this division.