California Insurance Code

§ 12380

INS § 12380 Effective Jan 1, 1994Div. 2 · Part 6 · Ch. 1 · Art. 3.5

Statute text

Unless the provision or context otherwise requires, the following definitions govern the construction of this article:

(a)“Total charges for policies of title insurance” means (i) the total of fees and charges as shown on policies, as required by Section 12412, less any amount paid for coinsurance of such policy to any coinsuring title insurer and (ii) the total sum charged by any coinsuring title insurer for acting as a coinsurer in respect to any policy of title insurance.

(b)“Ceding company” means a title insurer which shall have purchased a policy or contract of reinsurance from a reinsuring company.

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Legislative history

Amended by Stats. 1993, Ch. 974, Sec. 7. Effective January 1, 1994.