Statute · California Insurance Code
Cal. Ins. Code § 12815 — SERVICE CONTRACTS
Cal. Ins. Code § 12815
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2026-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) An obligor who is not a seller shall possess a vehicle service contract provider license. A vehicle service contract provider license shall be applied for and maintained, and its holder shall be subject to disciplinary action, as if it were a property broker-agent and casualty broker-agent…
Citator
Cal. Ins. Code § 12815 — SERVICE CONTRACTS is in force in the current edition of the Code, and nothing recorded condemns it.
(a) An obligor who is not a seller shall possess a vehicle service contract provider license. A vehicle service contract provider license shall be applied for and maintained, and its holder shall be subject to disciplinary action, as if it were a property broker-agent and casualty broker-agent license, with the following exceptions:
(1) An applicant for a vehicle service contract provider license is exempt from having to satisfy continuing education requirements, and from having to pass a qualifying exam.
(2) The fee to obtain a vehicle service contract provider license shall be four thousand nine hundred thirty-nine dollars ($4,939). The fee to renew a vehicle service contract provider license shall be eight hundred forty-seven dollars ($847).
(b) A service contract administrator shall be licensed as a property broker-agent and casualty broker-agent.