§ 12815
131 words·~1 min read·
/ca/insurance-code/12815A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)An obligor who is not a seller shall possess a vehicle service contract provider license. A vehicle service contract provider license shall be applied for and maintained, and its holder shall be subject to disciplinary action, as if it were a property broker-agent and casualty broker-agent license, with the following exceptions:
(1)An applicant for a vehicle service contract provider license is exempt from having to satisfy continuing education requirements, and from having to pass a qualifying exam.
(2)The fee to obtain a vehicle service contract provider license shall be four thousand nine hundred thirty-nine dollars ($4,939). The fee to renew a vehicle service contract provider license shall be eight hundred forty-seven dollars ($847).
(b)A service contract administrator shall be licensed as a property broker-agent and casualty broker-agent.