California Financial Code

§ 7455

FIN § 7455 Effective Jul 6, 1984Div. 2 · Ch. 6 · Art. 5

Statute text

No association or director, officer, or employee of an association shall require, as a condition to the granting of any loan or the extension of any other service by the association, that the borrower or any other person undertake a contract of insurance with any specific company, agency, or individual.

Legislative history

Added by Stats. 1984, Ch. 287, Sec. 27. Effective July 6, 1984.