Transact as applied to

insurance includes

Solicitation, Negotiations preliminary to execution,

execution of a contract of insurance, Transaction of

matters subsequent to execution of the contract.

True of False? Any person

who transacts insurance

without a valid license is

gulity of a misdemeanor

punishable by a fine not

exceeding fifty thousand

dollars.

True

The Commissioner shall

begin providing

information to the

Franchise Tax board

July 1,1987

True or False: Except as

prov...
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