DIVISION 13. PREMIUM FINANCING [29000. - 29003.]

Division 13 added by Stats. 1971, Ch. 1103.

§§ 29000–29003 · 4 sections

• § 29000 As used in this division, “premium financing” means engaging in the business of advancing money, directly or indirectly, to an insurer or producer at the…
• § 29001 As used in this division, “finance charge” means any amount which the insured agrees to pay in excess of the premium and fees charged by the insurer or…
• § 29002 As used in this division, “premium finance agreement” means a loan contract, note, agreement, or obligation by which an insured agrees to pay to a lender in…
• § 29003 Any person engaged in premium financing may pay compensation to a licensed insurance agent or broker for arranging, directing or performing services in…