Insurance Code § 15043

ARTICLE 5. Disciplinary Proceedings

Current as of September 28, 2026Ins. Code, § 15043Official source ↗

Added by Stats. 1985, Ch. 1202, Sec. 1.

The commissioner, in lieu of suspending or revoking a license issued under this chapter for violations of Sections 15039, 15041, and 15042, may impose a civil penalty not to exceed five hundred dollars ($500) upon a licensee, if the commissioner determines that such action better serves the purposes of this chapter.