California Insurance Code ARTICLE 6 - Rebates and Commissions

• Section 12404.
  (a)  It is unlawful for any title insurer, underwritten title company or controlled escrow company to pay, directly or indirectly, any commission, compensation, or other...
• Section 12404.1.
  The furnishing of a preliminary report by any title insurer, controlled escrow company or underwritten title company, without charge to any person, shall constitute a...
• Section 12404.5.
  As used in this section “personal or controlled insurance” means a policy of title insurance, or insurance as to the identity, due execution and validity...
• Section 12405.
  No title insurer, no controlled escrow company, and no underwritten title company shall make any rebate of any portion of the fee or charge shown...
• Section 12405.7.
  In addition to other acts prohibited by this article, no controlled escrow company or title insurer or other person engaged in the business of selling...
• Section 12406.
  No title insurer shall issue any title policy in any transaction in connection with which it or any person which is a controlled escrow company...
• Section 12406.5.
  (a) The commissioner shall develop, publish, and disseminate a brochure for consumers who are required to buy title insurance as part of a residential real estate...
• Section 12407.
  The commissioner, if he has reason to believe that any controlled escrow company or any underwritten title company has violated or is violating any of...
• Section 12408.
  Every title insurer shall include in its annual statement furnished the commissioner pursuant to Article 10 (commencing with Section 900), Chapter 1, Part 2, Division...
• Section 12408.1.
  Whenever a title insurer terminates its underwriting agreement with any underwritten title company, it shall at the same time give notice of the termination to...
• Section 12408.5.
  (a) Notwithstanding any other provision of this article no title insurer, no controlled escrow company, and no underwritten title company shall pay any commission for the...
• Section 12409.
  (a) Every title insurer, controlled escrow company, and underwritten title company which pays any commission or which makes any unlawful rebate in violation of this article...
• Section 12410.
  In enforcing any of the provisions of this article, the commissioner shall be entitled to the remedies provided for in Section 12928.6 of this code.(Added...
• Section 12411.
  The commissioner may after a hearing suspend or revoke the certificate of authority of any title insurer or the license of any underwritten title company...
• Section 12412.
  Nothing in this article prohibits the division of fees or charges, for work and services actually performed, between title insurers or between title insurers and...
• Section 12413.1.
  No title insurance company, controlled escrow company, or underwritten title company shall disburse funds from an escrow account until the day established by the following:(a) Except...
• Section 12413.2.
  Any item or draft received by a title insurance company, controlled escrow company, or underwritten title company in connection with any escrow shall be deposited...
• Section 12413.5.
  All funds received in connection with any escrow conducted by a title insurance company, controlled escrow company, or underwritten title company shall be deposited in...

Last modified: October 22, 2018