ARTICLE 5.5. Insurance in Connection With Sales and Loans
Article 5.5 added by Stats. 1951, Ch. 224.
§§ 770–776 · 12 sections
- § 770 No person engaged in the business of financing the purchase of real or personal property or of lending money on the security of real or personal property and…
- § 770.1 No person making a loan of money on the security of real property shall use or make available to any person information contained in a policy of fire or…
- § 770.3 No state department or agency shall negotiate any life or disability insurance or require the placing of that insurance through particular agents, brokers, or…
- § 771 Sections 770 and 770.1 shall not prevent: (a) The exercise by any person engaged in that business of that person’s right to approve or disapprove, for…
- § 771.01 No person making a loan of money on the security of residential real property shall reject or refuse to accept a policy of fire and casualty insurance…
- § 771.02 (a) When a lender or purchaser of a mortgage on real property has required and obtained a copy of the insurance policy covering that real property, it shall be…
- § 771.1 Nothing in this article shall prevent any person licensed pursuant to Part 1 (commencing with Section 10000) of Division 4 of the Business and Professions Code…
- § 772 In any trial, hearing or proceeding to determine a violation of this article a written statement signed by the person for whom any purchase is financed, to…
- § 773 The commissioner may suspend or revoke any license held by any person who violates Section 770, pursuant to Article 13 of Chapter 5 of this part.
- § 774 The commissioner, after hearing upon notice, may issue a cease and desist order to any person if he finds that such person has, in more than one transaction,…
- § 775 The commissioner may investigate any person, whether licensed or not, for the purpose of determining if there has been any violation of this article, however,…
- § 776 No person who sells real property shall require, as a condition precedent to the sale of such real property, that the person buying the real property negotiate…