California § 12414.23. 12414.23. (Amended by Stats. 1990, Ch. 370, Sec. 1.)

California Statutes

§ 12414.23. — 12414.23. (Amended by Stats. 1990, Ch. 370, Sec. 1.)

California § 12414.23.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 2.DIVISION 2. CLASSES OF INSURANCE

Part 6.PART 6. INSURANCE COVERING LAND

Ch. 1.CHAPTER 1. Title Insurance

Art. 6.9.ARTICLE 6.9. Examinations, Penalties and Miscellaneous

This text of California § 12414.23. (12414.23. (Amended by Stats. 1990, Ch. 370, Sec. 1.)) 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. Insurance Code - INS Code § 12414.23. (2026).

Text

The reasonable cost of any examination authorized by this article shall be paid by the advisory organization, title insurer, underwritten title company, or controlled escrow company to be examined. A copy of any written report which is prepared as a result of a full balance sheet financial examination conducted pursuant to Section 12389, shall be provided to the entity examined within 30 days following the production of the report.
In the event any examination or review of financial statements has resulted in a requirement of, or directive to, the entity to make changes in its conduct or the business of title
				  insurance, those requirements or directives shall be in writing, and provided to the entity.

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The reasonable cost of any examination authorized by this article shall be paid by the advisory organization, title insurer, underwritten title company, or controlled escrow company to be examined. A copy of any written report which is prepared as a result of a full balance sheet financial examination conducted pursuant to Section 12389, shall be provided to the entity examined within 30 days following the production of the report.
In the event any examination or review of financial statements has resulted in a requirement of, or directive to, the entity to make changes in its conduct or the business of title
insurance, those requirements or directives shall be in writing, and provided to the entity.