Insurance Code section 1662

A property broker-agent, a casualty broker-agent, and a personal lines broker-agent shall, prior to acting in the capacity of an insurance broker, file with the commissioner and continuously maintain in force the bond required by this article. Any authority to act as broker shall automatically terminate immediately upon there being no bond in force.

Source: Section 1662, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1662. (accessed May 19, 2025).

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Last Updated

May 12, 2025

§ 1662’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_1662

Original Source: Section 1662, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1662. (last accessed May 12, 2025).