California § 1758.861. 1758.861. (Added by Stats. 1999, Ch. 618, Sec. 1.)

California Statutes

§ 1758.861. — 1758.861. (Added by Stats. 1999, Ch. 618, Sec. 1.)

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. 16.6. ARTICLE 16.6. Car Rental Agents

A licensee shall not be required to treat moneys collected from renters purchasing insurance, pursuant to this article, as funds received in a fiduciary capacity if the insurer represented by the licensee has provided in writing that the funds need not be segregated from funds received by the rental car company on account of vehicle rental and the charges for insurance coverage are itemized and incorporated as part of the rental agreement.

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A licensee shall not be required to treat moneys collected from renters purchasing insurance, pursuant to this article, as funds received in a fiduciary capacity if the insurer represented by the licensee has provided in writing that the funds need not be segregated from funds received by the rental car company on account of vehicle rental and the charges for insurance coverage are itemized and incorporated as part of the rental agreement.

California § 1758.861. (1758.861. (Added by Stats. 1999, Ch. 618, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.