California Insurance Code ARTICLE 5.2 - Consumer Protection in Sales of Insurance by or Through Depository Institutions

  • Section 759.
    This article establishes consumer protections in connection with retail sales practices, solicitations, advertising, or offers of any insurance product or annuity to a consumer by...
  • Section 760.
    As used in this article, the following terms have the following meanings:(a) “Affiliate” has the same meaning as defined in Section 1215.(b) “Depository institution” means any of...
  • Section 761.
    (a) A covered person shall not engage in any practice that would lead a consumer to believe that an extension of credit, in violation of subsection...
  • Section 762.
    (a) In connection with the initial purchase of an insurance product or annuity by a consumer from a covered person, a covered person shall disclose to...
  • Section 763.
    (a) A depository institution shall, to the extent practicable, keep the area where the depository institution conducts transactions involving insurance products or annuities physically segregated from...
  • Section 764.
    A depository institution may not permit any person to sell or offer for sale any insurance product or annuity in any part of its office...
  • Section 765.
    The commissioner may adopt reasonable regulations necessary to administer this article.(Added by Stats. 2002, Ch. 203, Sec. 2. Effective January 1, 2003.)

Last modified: October 22, 2018