Section 703 Of Article 3. Certificate Of Authority From California Insurance Code >> Division 1. >> Part 2. >> Chapter 1. >> Article 3.
703
. Except when performed by a surplus line broker, the following
acts are misdemeanors when done in this state:
(a) Acting as agent for a nonadmitted insurer in the transaction
of insurance business in this state for a home state insured as
defined in subdivision (f) of Section 1760.1.
(b) In any manner advertising a nonadmitted insurer in this state.
(c) In any other manner aiding a nonadmitted insurer to transact
insurance business in this state for a home state insured as defined
in subdivision (f) of Section 1760.1.
In addition to any penalty provided for commission of
misdemeanors, a person violating any provision of this section shall
forfeit to this state the sum of five hundred dollars ($500),
together with one hundred dollars ($100) for each month or fraction
thereof during which he or she continues the violation. This section
shall not apply to advertising authorized by Section 703.1,
subdivision (h) of Section 1760.5, or Section 1773.