§ 14039. — 14039. (Added by Stats. 1980, Ch. 1190, Sec. 11.)

California § 14039.

• Jurisdiction: California
• Code INS: Insurance Code - INS
• Div. 5.: DIVISION 5. INSURANCE ADJUSTERS
• Ch. 1.: CHAPTER 1. Insurance Adjuster Act
• Art. 3.: ARTICLE 3. Regulation, Licensing, and Registration

Text

No person licensed as an insurance adjuster shall do any of the following:
(a)
Fail to disclose his or her full financial interest in a contract or agreement executed by him or her for the adjustment of a claim prior to the execution thereof.
(b)
Use any misrepresentation to solicit a contract or agreement to adjust a claim.
(c)
Solicit or accept remuneration from, or have a financial interest exceeding 3 percent in, any salvage, repair, or other firm, which obtains business in connection with any claim which he or she has a contract or agreement to adjust.

Legislative History

Added by Stats. 1980, Ch. 1190, Sec. 11. Operative July 1, 1981, by Sec. 13 of Ch. 1190.