Ins. Code, § 1758.98 · Article 16.7. Credit Insurance Agents
Ins. Code, § 1758.98
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Under the authority of the credit insurance agent license, a credit insurance agent shall not do any of the following:
(a) Offer to sell insurance except in conjunction with, and incidental to, a loan or extension of credit.
(b) Advertise, represent, or otherwise portray itself or its employees, agents, or endorsees as licensed insurers, life agents, property broker-agents, or casualty broker-agents.
(c) Pay any unlicensed person any compensation, fee, or commission dependent on the placement of insurance under the agent’s license. Nothing in this subdivision shall prohibit production payments or incentive payments to an endorsee.
Notes and commentary — not statutory text
History
Amended by Stats. 2011, Ch. 411, Sec. 51. (AB 1416) Effective January 1, 2012.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1758.98.
- Text hash
- sha256 087ab5ed005e67922e9c3280419387979778d3f6d22c26325d8f114b26b4fa02
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.