Cal. Ins. Code § 1747

Current through the 2023 Legislative Session.
Section 1747 - Failure to keep records

When the commissioner may determine or have good cause to believe that any property broker-agent or casualty broker-agent has failed to keep or maintain the records required by Section 1727, in connection with or in lieu of any other disciplinary action against the license of the licensee, the commissioner may issue the commissioner's order requiring the licensee to establish and currently complete those records within 60 days from the date of the order. When the order is given in lieu of other disciplinary action, notice of the order may be given by certified mail addressed to the office of the licensee. Failure of the licensee to comply with the order within the time specified therein shall be grounds for the suspension or revocation of the license or licenses of the licensee, and the proceeding shall be conducted in accordance with Chapter 5 (commencing with Section 11500) of Part 1 of Division 3 of Title 2 of the Government Code.

Ca. Ins. Code § 1747

Amended by Stats 2021 ch 133 (SB 272),s 27, eff. 7/23/2021.
Amended by Stats 2011 ch 411 (AB 1416),s 35, eff. 1/1/2012.