Insurance Code § 12640.095

ARTICLE 4. Limitations and Restrictions for Transacting Business

Current as of September 28, 2026Ins. Code, § 12640.095Official source ↗

Added by Stats. 1982, Ch. 1084, Sec. 4.

A mortgage guaranty insurer transacting the class of insurance defined in paragraph (2) of subdivision (a) of Section 12640.02 may reinsure with either the type of reinsurer defined in subdivision (d) of Section 12640.09, or, any other insurer which has received written permission from the commissioner to write the type of insurance defined in paragraph (2) of subdivision (a) of Section 12640.02.