INSURANCE CODE
SECTION 12660-12661
12660. Any person who in this state engages in the business of
guaranteeing or insuring land values, or who solicits or negotiates
in this state for the purpose of, or in any manner aids, any person
within or without this state to engage in such business, is guilty of
a public offense and punishable by imprisonment pursuant to
subdivision (h) of Section 1170 of the Penal Code, or in a county
jail for not exceeding one year, or by fine not exceeding ten
thousand dollars ($10,000), or by both that fine and imprisonment.
12661. The commissioner may suspend or revoke or may deny any
license or certificate issued under any provision of this code in any
case where the applicant or licensee or certificate holder has
committed an act denounced by section 12660.
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