California § 12921 - The commissioner shall perform all duties imposed upon the commissioner by the pr
Full text of California Public Contract Code - PCC § 12921 — The commissioner shall perform all duties imposed upon the commissioner by the pr, with citation guidance and answers to common questions.
§ 12921. The commissioner shall perform all duties imposed upon the commissioner by the pr
(a) The commissioner shall perform all duties imposed upon the commissioner by the provisions of this code and other laws regulating the business of insurance in this state, and shall enforce the execution of those provisions and laws. (b) In an administrative action to enforce the provisions of this code and other laws regulating the business of insurance in this state, any settlement is subject to all of the following: (1) The commissioner may delegate the power to negotiate the terms and conditions of a settlement to designated deputy commissioners. The commissioner may delegate the power to approve a settlement, unless the settlement involves any of the following: (A) An insurer. (B) A managing general agent or production agent that manages the business of an insurer. (C) A title company. (D) A home protection company. (E) An insurance adjuster whose claims practices are at issue. (F) An insurance agent or broker, or an applicant for an insurance agent or broker license, who has allegedly engaged in theft, fraud, or the misappropriation of premium or other funds in an amount that exceeds fifty thousand dollars ($50,000). (2) Unless specifically provided for in a provision of this code, the commissioner may not agree to any of the following: (A) That the respondent contribute, deposit, or transfer any moneys or other resources to a nonprofit entity. (B) That a respondent contribute, deposit, or transfer any fine, penalty, assessment, cost, or fee except to the commissioner for deposit in the appropriate state fund pursuant to Section 12975.7. (C) That the commissioner may or shall direct the transfer, distribution, or payment to another person or entity of any fine, penalty, assessment, cost, or fee. (D) The use of the commissionerâs name, likeness, or voice in any printed material or audio or visual medium, either for general distribution or for distribution to specific recipients. (3) The commissioner may only agree to payment to those persons or entities to whom payment may be due because of the respondentâs violation of a provision of this code or other law regulating the business of insurance in this state. (4) A settlement may only include the sanctions provided by this code or other laws regulating the business of insurance in this state, except that the settlement may include attorneyâs fees, costs of the department in bringing the enforcement action, and future costs of the department to ensure compliance with the settlement agreement. (c) Notwithstanding any other law, the commissioner may accept documents submitted for filing or approval, process transactions, and maintain records in electronic form or as paper documents, and may adopt regulations to further this subdivision.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12921
What does Public Contract Code - PCC § 12921 cover?
Section 12921 ("The commissioner shall perform all duties imposed upon the commissioner by the pr") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 12921?
A common citation format is "Public Contract Code - PCC § 12921" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 12921 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.