California Statutes
§ 12640.145. — 12640.145. (Added by Stats. 1963, Ch. 1284.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 6. PART 6. INSURANCE COVERING LAND·Ch. 2A. CHAPTER 2A. Mortgage Guaranty Insurance·Art. 5. ARTICLE 5. Rebates and Commissions
No mortgage guaranty insurer shall pay any compensation to any person for transacting insurance for or with it based in whole or in part upon a commission basis unless such person is licensed pursuant to and subject to all the provisions of and restrictions in Chapter 5, Part 2, Division 1 of this code. This section shall not be construed so as to affect the meaning of any other provisions of this article.
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California § 12640.145. (12640.145. (Added by Stats. 1963, Ch. 1284.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1963, Ch. 1284.
Nearby Sections
15
§ 12640.01.
12640.01. (Added by Stats. 1961, Ch. 719.)§ 12640.03.
12640.03. (Added by Stats. 1961, Ch. 719.)§ 12640.06.
12640.06. (Added by Stats. 1961, Ch. 719.)§ 12640.08.
12640.08. (Added by Stats. 1961, Ch. 719.)§ 12640.09.
12640.09. (Amended (as amended by Stats. 2012, Ch. 105, Sec. 1) by Stats. 2016, Ch. 62, Sec. 1.)§ 12640.12.
12640.12. (Added by Stats. 1961, Ch. 719.)