Cal. Ins. Code § 1758.77

Current through the 2023 Legislative Session.
Section 1758.77 - Treatment of money received from renters purchasing insurance

A licensee shall not be required to treat moneys collected from renters purchasing insurance pursuant to this article as funds received in a fiduciary capacity if the insurer represented by the licensee has provided in writing that the funds need not be segregated from funds received by the self-service storage agent if the charges for insurance coverage are itemized and incorporated as part of the rental agreement.

Ca. Ins. Code § 1758.77

Added by Stats 2004 ch 428 (AB 2520), s 3, eff. 1/1/2005.