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

California Assembly Bill 1462 (Prior Session Legislation)

Introduced

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

CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill

No. 1462

Introduced by Assembly Member Daly

February 17, 2017

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.

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

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).