§ 129185

California Health and Safety Code · 2026-10 edition · updated 2026-10-04 · California

The department is authorized to terminate any insurance contract upon joint request by the borrower and the lender and upon payment of a termination charge that the department determines to be equitable, taking into consideration the necessity of protecting the fund. Upon the termination, borrowers and lenders shall be entitled to the rights, if any, that they would be entitled to under this chapter if the insurance contract were terminated by payment in full of the insured loan.

(Amended by Stats. 2021, Ch. 143, Sec. 266. (AB 133) Effective July 27, 2021.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — California Health and Safety Code

California Health and Safety Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.