California Statutes

§ 1724. — 1724. (Added by Stats. 2003, Ch. 547, Sec. 4.)

California § 1724.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE
Part 2.PART 2. THE BUSINESS OF INSURANCE
Ch. 5.CHAPTER 5. Production Agencies
Art. 12.ARTICLE 12. Conduct of Licensee

This text of California § 1724. (1724. (Added by Stats. 2003, Ch. 547, Sec. 4.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 1724. (2026).

Text

An agent, broker, or solicitor who is not an active member of the State Bar of California may not share a commission or other compensation with an active member of the State Bar of California. For purposes of this section, “commission or other compensation” means pecuniary or nonpecuniary compensation of any kind relating to the sale or renewal of an insurance policy or certificate or an annuity, including, but not limited to, a bonus, gift, prize, award, or finder’s fee.

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Legislative History

Added by Stats. 2003, Ch. 547, Sec. 4. Effective January 1, 2004.

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California § 1724., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1724..