California Insurance Code 1780.64 – (a) If the surplus line advisory organization, or any of its …
(a) If the surplus line advisory organization, or any of its officers, committee members, agents, or employees, fails to comply with a final order of the commissioner under this chapter, the advisory organization or the person shall be liable to the state in an amount not exceeding one hundred dollars ($100), but if the failure is willful, the advisory organization or the person shall be liable to the state in an amount not exceeding five thousand dollars ($5,000) for the failure. The commissioner shall collect the amount so payable and may bring an action in the name of the people of the State of California to enforce collection. These penalties may be in addition to any other penalties provided by law.
(b) A willful violation of any provision of this chapter by any person is a misdemeanor.
Terms Used In California Insurance Code 1780.64
- advisory organization: shall mean "surplus line advisory organization. See California Insurance Code 1780.51
- commissioner: shall mean the Insurance Commissioner of the State of California. See California Insurance Code 1780.51
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28
- surplus line advisory organization: shall mean the organization authorized to perform the duties delegated by the commissioner under this chapter and to exercise the authority incidental thereto. See California Insurance Code 1780.51
(Added by Stats. 1993, Ch. 1007, Sec. 1. Effective January 1, 1994.)