ARTICLE 6. Rebates and Commissions [12404. - 12413.5.]
Article 6 added by Stats. 1949, Ch. 891.
§§ 12404–12413.5 · 18 sections
- § 12404 (a) It is unlawful for any title insurer, underwritten title company or controlled escrow company to pay, directly or indirectly, any commission, compensation,…
- § 12404.1 The furnishing of a preliminary report by any title insurer, controlled escrow company or underwritten title company, without charge to any person, shall…
- § 12404.5 As used in this section “personal or controlled insurance” means a policy of title insurance, or insurance as to the identity, due execution and validity of…
- § 12405 No title insurer, no controlled escrow company, and no underwritten title company shall make any rebate of any portion of the fee or charge shown by the…
- § 12405.7 In addition to other acts prohibited by this article, no controlled escrow company or title insurer or other person engaged in the business of selling or…
- § 12406 No title insurer shall issue any title policy in any transaction in connection with which it or any person which is a controlled escrow company or underwritten…
- § 12406.5 (a) The commissioner shall develop, publish, and disseminate a brochure for consumers who are required to buy title insurance as part of a residential real…
- § 12407 The commissioner, if he has reason to believe that any controlled escrow company or any underwritten title company has violated or is violating any of the…
- § 12408 Every title insurer shall include in its annual statement furnished the commissioner pursuant to Article 10 (commencing with Section 900), Chapter 1, Part 2,…
- § 12408.1 Whenever a title insurer terminates its underwriting agreement with any underwritten title company, it shall at the same time give notice of the termination to…
- § 12408.5 (a) Notwithstanding any other provision of this article no title insurer, no controlled escrow company, and no underwritten title company shall pay any…
- § 12409 (a) Every title insurer, controlled escrow company, and underwritten title company which pays any commission or which makes any unlawful rebate in violation of…
- § 12410 In enforcing any of the provisions of this article, the commissioner shall be entitled to the remedies provided for in Section 12928.6 of this code.
- § 12411 The commissioner may after a hearing suspend or revoke the certificate of authority of any title insurer or the license of any underwritten title company…
- § 12412 Nothing in this article prohibits the division of fees or charges, for work and services actually performed, between title insurers or between title insurers…
- § 12413.1 No title insurance company, controlled escrow company, or underwritten title company shall disburse funds from an escrow account until the day established by…
- § 12413.2 Any item or draft received by a title insurance company, controlled escrow company, or underwritten title company in connection with any escrow shall be…
- § 12413.5 All funds received in connection with any escrow conducted by a title insurance company, controlled escrow company, or underwritten title company shall be…