California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 1 - Production of Insurance
Article 3 - Motor Vehicle Insurance
Regulations
Section 2121 - Same; Commission Payment to, Prohibited

Universal Citation: 10 CA Code of Regs 2121
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The paying or allowing of any commission or other valuable consideration on insurance by any insurer or licensee to an unlicensed dealer or to a licensee in connection with insurance which was not lawfully transacted by the licensee, by crediting the dealer's reserve or by paying a bonus, or otherwise, constitutes an unlawful rebate.

1. Amendment filed 9-5-61; designated effective 1-1-62 (Register 61, No. 18).
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.

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