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California · Through 2026-09-13

INS § 12640.145

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Where this section sits in the code
  1. Insurance Code - INS
  2. DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
  3. PART 6. INSURANCE COVERING LAND [12340. - 12661.]
  4. CHAPTER 2A. Mortgage Guaranty Insurance [12640.01. - 12640.20.]
  5. ARTICLE 5. Rebates and Commissions [12640.12. - 12640.15.]

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.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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