California Financial Code ARTICLE 2 - General
- Section 18580.
A premium finance agency desiring the full authority which may be conferred by this division, shall, in respect to any lending operations other than insurance...
- Section 18581.
The articles of incorporation of any corporation organized under this division as a premium finance agency shall include reference to that fact.(Added by Stats. 1976,...
- Section 18582.
Capital stock of any premium finance agency shall not be less than seventy-five thousand dollars ($75,000) and need not exceed that sum regardless of the...
- Section 18583.
Before a premium finance agency commences business or opens a branch office or place of business, there must be paid in cash, for the benefit...
- Section 18584.
An insurance premium finance agreement, as defined in Section 18564, may be prepared in the office of an insurance producer licensed by the Department of...
- Section 18585.
In the event of any conflict in the provisions of this chapter with the provisions of any other chapter in this division, the provisions of...
- Section 18586.
The provisions of Sections 18023, 18024, 18120, 18205, 18268, 18269, 18271, 18272, 18274, and 18455 shall not apply to a premium finance agency.(Amended by Stats....
- Section 18587.
The provisions of Sections 18607, 18625, and 18626 shall not apply to any bona fide loan with a principal amount of two thousand five hundred...
- Section 18588.
Unless the insured has notice of the assignment of a premium finance agreement, payment thereunder by him to the last known assignee of the agreement...
- Section 18589.
At any time during the term of the premium finance agreement, but not later than one year after the last payment thereunder, the company shall...
- Section 18590.
Upon payment of a loan in full the company upon request shall return the premium finance agreement marked “Paid” to the insured.(Added by Stats. 1976,...
- Section 18591.
No filing of the premium finance agreement shall be necessary to perfect the validity of such agreement as a secured transaction as against creditors, subsequent...
- Section 18592.
Any downpayment which is made and which is received by the company from the insured, or from the insurance producer on behalf of the insured,...
- Section 18593.
The downpayments received by the company under the provisions of Section 18592, may be held by the company in trust in a separate bank account...
- Section 18594.
Any corporation organized as an industrial loan company other than a premium finance agency shall conduct any insurance premium financing business under the authority of...
- Section 18595.
A premium finance agency shall not incorporate the words “industrial loan company” in its corporate name, on its loan forms, or in its advertising.(Added by...
- Section 18596.
A premium finance company may issue or sell investment certificates only (a) to its customers directly in connection with the financing of premiums for such customers,...
Last modified: October 22, 2018