California § 29000. 29000. (Added by Stats. 1971, Ch. 1103.)

California Statutes

§ 29000. — 29000. (Added by Stats. 1971, Ch. 1103.)

California § 29000.

Code FINFinancial Code - FIN

Div. 13.DIVISION 13. PREMIUM FINANCING

This text of California § 29000. (29000. (Added by Stats. 1971, Ch. 1103.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Financial Code - FIN Code § 29000. (2026).

Text

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 request of an insured pursuant to the terms of a premium finance agreement, wherein the insured has assigned the unearned premiums, accrued dividends, or loss payments as security for such advancement in payment of premiums on insurance contracts only, and does not include the financing of insurance contract premiums purchased in connection with the financing of goods and services.

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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 request of an insured pursuant to the terms of a premium finance agreement, wherein the insured has assigned the unearned premiums, accrued dividends, or loss payments as security for such advancement in payment of premiums on insurance contracts only, and does not include the financing of insurance contract premiums purchased in connection with the financing of goods and services.

Legislative History

Added by Stats. 1971, Ch. 1103.

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California § 29000., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/29000..