Statute · California Insurance Code
Cal. Ins. Code § 1778 — Surplus Line Brokers
Cal. Ins. Code § 1778
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When a surplus line broker’s license is revoked for any reason other than the insufficiency of his sureties, a new license shall not be issued to him within one year after such revocation and until all indebtedness of the broker on former business has been paid to the commissioner.
Citator
Cal. Ins. Code § 1778 — Surplus Line Brokers is in force in the current edition of the Code, and nothing recorded condemns it.
When a surplus line broker’s license is revoked for any reason other than the insufficiency of his sureties, a new license shall not be issued to him within one year after such revocation and until all indebtedness of the broker on former business has been paid to the commissioner.