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HomeFinancial CodeDiv. 9Ch. 3Art. 1§ 22501 Insurance Agent Commission Exclusion

§ 22501 Insurance Agent Commission Exclusion

Financial Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 22501 Insurance Agent Commission Exclusion

Key Takeaways

  • •This law is about money charges for insurance agents.
  • •If you're a licensed insurance agent, the money you make from commissions is not counted as a 'charge'.
  • •This law started in 1995.

Example

You sell car insurance and get paid a commission for each policy you sell.

The money you make from selling insurance (your commission) is not considered a 'charge' under this law.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 22501 Insurance Agent Commission Exclusion

“Charges” do not include commissions received as a licensed insurance agent or broker. (Repealed and added by Stats. 1994, Ch. 1115, Sec. 2. Effective January 1, 1995. Operative July 1, 1995, by Sec. 5 of Ch. 1115.)

Last verified: January 23, 2026

Key Terms

insurancecommissionlicenseoperative julydefinition

Related Statutes

  • § 23045 License Surrender And Revocation
  • § 23046 Deferred Deposit Business Examinations
  • § 23050 Unlicensed Payday Lending Enforcement
  • § 23052 License Suspension Or Revocation
  • § 23056 Commissioner Actions Judicial Review

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Financial Code. Section 22501.
View Official Source