California Insurance Code

§ 12396

INS § 12396Div. 2 · Part 6 · Ch. 1 · Art. 4.5

Statute text

(a)For purposes of this article, “controlled business source” means an affiliate, as defined in subdivision (a) of Section 1215, of any title insurer, controlled escrow company, or underwritten title company.

(b)For purposes of this article:

(1)“License” means a securities permit issued to a title insurance entity, a license to operate as an underwritten title company, or a certificate of authority to act as a title insurer.

…

Legislative history

Added by Stats. 1989, Ch. 344, Sec. 1.