Statute · California Insurance Code

Cal. Ins. Code § 15042 — Disciplinary Proceedings

Cal. Ins. Code § 15042

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The commissioner may suspend or revoke a license issued under this chapter if the commissioner determines that the licensee has committed any act in the course of the licensee’s business constituting dishonesty or fraud.

Citator

Cal. Ins. Code § 15042 — Disciplinary Proceedings is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner may suspend or revoke a license issued under this chapter if the commissioner determines that the licensee has committed any act in the course of the licensee’s business constituting dishonesty or fraud.

“Dishonesty or fraud” as used in this section includes, in addition to other acts not specifically enumerated herein, any of the following:

(a) Knowingly making a false statement relating to evidence or information obtained in the course of employment, or knowingly publishing a slander or libel in the course of business.

(b) Using illegal means in the collection or attempted collection of a debt or obligation.

(c) Manufacture of evidence.

(d) Acceptance of employment adverse to a client or former client relating to a matter with respect to which the licensee has obtained confidential information by reason of or in the course of his or her employment by that client or former client.