California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 1 - Production of Insurance
Article 2 - Bail Transactions
Subarticle 3 - Transaction of Bail Through Partnerships and Employees
Section 2061.5 - Copartnership; Disciplinary Action for Act of One Partner

Universal Citation: 10 CA Code of Regs 2061.5
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The licenses of each member of a partnership are subject to suspension or revocation for the failure of the partnership or of any member of the partnership to comply with all laws and rules governing or regulating the conduct of the bail business or acts incidental thereto if such failure occurred with the member's express or implied knowledge, consent, ratification or collusion.

1. Change without regulatory effect adding NOTE filed 7-11-2016 pursuant to section 100, title 1, California Code of Regulations (Register 2016, No. 29).
2. Change without regulatory effect amending section filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.

Note: Authority cited: Section 1812, Insurance Code. Reference: Sections 1800, 1800.75, 1800.8, 1801, 1802, 1802.1, 1802.2, 1802.5, 1802.6, 1802.7, 1802.71, 1802.72, 1802.73, 1802.74, 1802.75, 1803, 1804, 1805, 1806, 1807, 1809, 1810, 1812 and 1813, Insurance Code.

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