Section 15042 Of Article 5. Disciplinary Proceedings From California Insurance Code >> Division 5. >> Chapter 2. >> Article 5.
15042
. The commissioner may suspend or revoke a license issued
under this chapter if the commissioner determines that the licensee
has committed any act in the course of the licensee's business
constituting dishonesty or fraud.
"Dishonesty or fraud" as used in this section includes, in
addition to other acts not specifically enumerated herein, any of the
following:
(a) Knowingly making a false statement relating to evidence or
information obtained in the course of employment, or knowingly
publishing a slander or libel in the course of business.
(b) Using illegal means in the collection or attempted collection
of a debt or obligation.
(c) Manufacture of evidence.
(d) Acceptance of employment adverse to a client or former client
relating to a matter with respect to which the licensee has obtained
confidential information by reason of or in the course of his or her
employment by that client or former client.