California Insurance Code

§ 12928.7

INS § 12928.7 Effective Jan 1, 2023Div. 3 · Ch. 2 · Art. 1

Statute text

(a)The commissioner may order a respondent to provide restitution for a loss arising from the respondent’s conduct. If the facts and equity permit, with a restitution order, the commissioner may issue an order of rescission enforceable on any person subject to the commissioner’s jurisdiction.

(b)A restitution order under this section shall meet all of the following requirements:

(1)The respondent shall be subject to the commissioner’s jurisdiction.

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Legislative history

Added by Stats. 2022, Ch. 540, Sec. 2. (SB 1040) Effective January 1, 2023.