§ 1758.74. — 1758.74. (Amended by Stats. 2021, Ch. 133, Sec. 35.)

California § 1758.74.

• Jurisdiction: California
• Code INS: Insurance 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. 16.3.: ARTICLE 16.3. Self-Service Storage Agents

Text

(a)
If a licensee violates any provision of this article, the commissioner may do any of the following:
(1)
After notice and hearing, revoke or suspend the self-service storage facility’s license.
(2)
After notice and hearing, impose other penalties, including suspending the transaction of insurance at specific self-service storage facilities where violations of this article have occurred.
(3)
Impose fines and penalties on the self-service storage agent for its conduct or that of its employees.
(b)
If any person or persons sell insurance in connection with, or incidental to, self-service storage rental agreements, or
hold themselves or an organization out as a self-service storage agent without obtaining the license required by this article, the commissioner may issue a cease and desist order pursuant to Section 12921.8.
(c)
Notwithstanding any other provision of law, the provisions of Section 1748.5 are applicable to a self-service storage facility or its franchisee issued a license pursuant to this article.

Legislative History

Amended by Stats. 2021, Ch. 133, Sec. 35. (SB 272) Effective July 23, 2021.