{"code":"INS","codeName":"Insurance Code","section":"12640.145","citation":"Ins. Code, § 12640.145","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 6. INSURANCE COVERING LAND [12340. - 12661.]","url":"https://blackletter.si/insurance-code/division-2/part-6"},{"name":"CHAPTER 2A. Mortgage Guaranty Insurance [12640.01. - 12640.20.]","url":"https://blackletter.si/insurance-code/division-2/part-6/chapter-2a"},{"name":"ARTICLE 5. Rebates and Commissions [12640.12. - 12640.15.]","url":"https://blackletter.si/insurance-code/division-2/part-6/chapter-2a/article-5"}],"history":"Added by Stats. 1963, Ch. 1284.","effective":null,"html":"<p>No mortgage guaranty insurer shall pay any compensation to any person for transacting insurance for or with it based in whole or in part upon a commission basis unless such person is licensed pursuant to and subject to all the provisions of and restrictions in Chapter 5, Part 2, Division 1 of this code. This section shall not be construed so as to affect the meaning of any other provisions of this article.</p>","text":"No mortgage guaranty insurer shall pay any compensation to any person for transacting insurance for or with it based in whole or in part upon a commission basis unless such person is licensed pursuant to and subject to all the provisions of and restrictions in Chapter 5, Part 2, Division 1 of this code. This section shall not be construed so as to affect the meaning of any other provisions of this article.","otherVersions":[],"url":"https://blackletter.si/insurance-code/rebates-and-commissions-12640-145","source":"California Legislative Information bulk export (pubinfo)"}