Bill Title: Amends and adds to existing law to provide for an exemption from a license for a person acting under the license of a licensed business entity; to provide for a limited lines license for a vendor selling portable electronics insurance; to provide requirements for the sale of portable electronics insurance; to provide for the authority of a vendor holding a limited lines license to sell portable electronics insurance; to provide for a vendor's responsibility for the actions of its employees and authorized representative acting under the vendor's license; to provide penalties for a vendor violating the requirements for the sale or offering of portable electronic insurance; to provide requirements for the termination or modification of a policy of portable electronics insurance; to provide requirements for a vendor applying for a limited lines license to sell or offer portable electronics insurance; to provide an exemption from portable consumer electronic insurance adjuster licensure for a clerical person; to provide the manner in which Canadian residents may be licensed to adjust claims; and to provide for background material for certain persons within entities applying for adjuster licensure.

Spectrum: Committee Bill

Status: (Introduced - Dead) 2012-02-03 - to Bus [H0471 Detail]

Text: Latest bill text (Introduced) [PDF]

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