Insurance Code § 14065
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The commissioner, in lieu of suspending or revoking a license issued under this chapter for violations of Sections 14061, 14063, 14064, and 14064.5, may impose a civil penalty not to exceed five hundred dollars ($500) upon a licensee, if the commissioner determines that a penalty better serves the purposes of this chapter.
(Amended by Stats. 2019, Ch. 502, Sec. 10. (SB 240) Effective October 3, 2019.)