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CA AB1462
Bill
AI Summary
- Increases the minimum fine for unauthorized solicitation of fraternal benefit society membership from $100 to $200
- Increases the maximum fine for the same offense from $400 to $500
- Applies to persons not authorized by the Insurance Commissioner who solicit membership for or assist in procuring membership in nonadmitted fraternal benefit societies
- The offense remains classified as a misdemeanor under California Insurance Code Section 11164
Legislative Description
Fraternal benefit societies: solicitation.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2018
Committee Referrals
Insurance3/13/2017
Full Bill Text
No bill text available