PART 8. SERVICE CONTRACTS [12800. - 12865.]
Part 8 added by Stats. 2003, Ch. 439, Sec. 5.
§§ 12800–12865 · 15 sections
- § 12800 The following definitions apply for purposes of this part: (a) “Motor vehicle” means a self-propelled device operated solely or primarily upon land and may…
- § 12805 (a) Notwithstanding Sections 103 and 116, the following types of agreements covering watercraft or motor vehicles shall not constitute insurance: (1) A vehicle…
- § 12810 (a) No person, other than a seller, shall sell or offer for sale a vehicle service contract to a purchaser. (b) No obligor shall use a seller as a fronting…
- § 12815 (a) An obligor who is not a seller shall possess a vehicle service contract provider license. A vehicle service contract provider license shall be applied for…
- § 12820 (a) Prior to offering a vehicle service contract form to a purchaser or providing a vehicle service contract form to a seller, an obligor shall file with the…
- § 12825 (a) In addition to any other right of rescission an obligor or purchaser may have, an obligor may include a provision in a service contract that reserves to…
- § 12830 (a) Prior to incurring an obligation under a vehicle service contract, an obligor shall file with the commissioner, to the attention of the legal division, and…
- § 12835 (a) In the event an insurer cancels a policy that it has filed with the commissioner pursuant to Section 12830, the obligor named on the policy shall do either…
- § 12836 In lieu of complying with Section 12830, an obligor or its parent company may establish to the commissioner’s satisfaction that it possesses a net worth of one…
- § 12840 (a) Every obligor or its administrator shall maintain at its principal office complete and accurate accounts, books, and records of all transactions among the…
- § 12845 Any vehicle service contract obligor or administrator that provides vehicle service contract forms to sellers or purchasers, directly or indirectly, and fails…
- § 12850 (a) An obligor has the burden of proving that a claim is not covered by a service contract. An obligor has the burden of proving that a claim settlement amount…
- § 12855 The commissioner may adopt regulations necessary or desirable to implement this chapter.
- § 12860 The provisions of this part are severable. If any provision of this part or its application is held invalid, that invalidity shall not affect other provisions…
- § 12865 A promise to refund some or all of the purchase price of a service contract if the purchaser does not file any claims, files a limited number of claims, or…