California Insurance Code ARTICLE 3.7 - Underwritten Title Companies

• Section 12389.
  (a) On and after July 1, 2016, an underwritten title company as defined in Section 12340.5 that is a stock corporation may, subject to subdivision (b),...
• Section 12389.1.
  Before granting a license or a reissued license to act as an underwritten title company to any applicant, the commissioner shall consider the qualifications of...
• Section 12389.2.
  After the issuance or reissuance of a license to act as an underwritten title company, the holder shall continue to comply with the requirements as...
• Section 12389.3.
  When there exists a restriction in a stock certificate requiring the consent of the department prior to the transfer of the stock, the request for...
• Section 12389.4.
  An underwritten title company shall furnish a quarterly financial statement to the commissioner on forms prescribed by the commissioner on or before 30 days after...
• Section 12389.5.
  Every person engaged in the business of preparing title searches, title examinations, title reports, and certificates of abstracts of title, upon which a title insurer...
• Section 12389.6.
  (a) Prior to the disbursement by an underwritten title company from any escrow account under Section 12413.1, each underwriting agreement between the underwritten title company and...
• Section 12389.7.
  (a) Sections 1070, 1070.5, 1070.6, 1071.5, 1072, and 1076 shall be applicable to underwritten title companies.(b) The following terms from Sections 1070, 1070.5, 1070.6, 1071.5, 1072, and...

Last modified: October 22, 2018