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DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 6. INSURANCE COVERING LAND 12340-12661›CHAPTER 1. Title Insurance 12340-12418.4›ARTICLE 3. Title Insurers: Finances and Investments 12370-12377

§ 12374

California Insurance Code · 2018-11 edition · updated 2026-10-04 · California

Except as otherwise authorized by subdivision (g) of Section 1105, a title insurer shall not directly or indirectly make a loan from its assets to any of its officers, directors or employees, or to any member of the family of any officer or director. Any officer, director, agent, or employee of any such insurer who knowingly consents to any violation of this section is guilty of a misdemeanor.

(Amended by Stats. 1981, Ch. 55, Sec. 3.)

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California Insurance Code

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