Bill Text: CA AB1462 | 2017-2018 | Regular Session | Introduced

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Bill Title: Fraternal benefit societies: solicitation.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2018-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB1462 Detail]

Download: California-2017-AB1462-Introduced.html

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CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill

No. 1462

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Introduced by Assembly Member Daly

February 17, 2017

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An act to amend Section 11164 of the Insurance Code, relating to insurance.

LEGISLATIVE COUNSEL'S DIGEST

AB 1462, as introduced, Daly. Fraternal benefit societies: solicitation.

Existing law makes it a misdemeanor, punishable by a fine of not less that $100 nor more than $400, for a person not authorized by the Insurance Commissioner to solicit members for the purpose of completing the organization of a fraternal benefit society to solicit membership for, or assisting in procuring membership for, a nonadmitted fraternal benefit society.

This bill would increase the amount of the fine described above to not less than $200 nor more than $500.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 11164 of the Insurance Code is amended to read:

11164.

 Any person not authorized pursuant to Section 11013 who solicits membership for, or in any manner assists in procuring membership in, any nonadmitted fraternal benefit society is guilty of a misdemeanor and punishable by fine a fine of not less than one hundred dollars ($100) two hundred dollars ($200) nor more than four hundred dollars ($400). five hundred dollars ($500).