California Insurance Code

§ 1633

INS § 1633 Effective Jan 1, 2005Div. 1 · Part 2 · Ch. 5 · Art. 3

Statute text

Any person who transacts insurance without a valid license so to act is guilty of a misdemeanor punishable by a fine not exceeding fifty thousand dollars ($50,000) or by imprisonment in a county jail for a period not exceeding one year, or by both that fine and imprisonment.

Legislative history

Amended by Stats. 2004, Ch. 279, Sec. 1. Effective January 1, 2005.