California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 2. THE BUSINESS OF INSURANCE |
Chapter 1. General Regulations |
ARTICLE 5.2. Consumer Protection in Sales of Insurance by or Through Depository Institutions |
Section 764.
Latest version.
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A depository institution may not permit any person to sell or offer for sale any insurance product or annuity in any part of its office or on its behalf, unless the person is at all times appropriately qualified and licensed as required by this code with regard to the specific products being sold or recommended.
(Added by Stats. 2002, Ch. 203, Sec. 2. Effective January 1, 2003.)