California Civil Code

§ 2782.95

CIV § 2782.95 Effective Jan 1, 2009Div. 3 · Title 12 · Part 4

Statute text

For any wrap-up insurance policy or other consolidated insurance program that insures a private residential (as that term is used in Title 7 (commencing with Section 895) of Part 2 of Division 2) work of improvement that first commences construction after January 1, 2009, the following shall apply:

(a)The owner, builder, or general contractor obtaining the wrap-up insurance policy or other consolidated insurance program shall disclose the total amount or method of calculation of any credit or compensation for premium required from a subcontractor or other participant for that wrap-up policy in the contract documents.

(b)The contract documents shall disclose, if and to the extent known:

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Legislative history

Added by Stats. 2008, Ch. 467, Sec. 3. Effective January 1, 2009.