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DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 6. INSURANCE COVERING LAND 12340-12661›CHAPTER 2A. Mortgage Guaranty Insurance 12640.01-12640.20›ARTICLE 4. Limitations and Restrictions for Transacting Business 12640.07-12640.11

§ 12640.095

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

A mortgage guaranty insurer transacting the class of insurance defined in paragraph (2) of subdivision (a) of Section 12640.02 may reinsure with either the type of reinsurer defined in subdivision (d) of Section 12640.09, or, any other insurer which has received written permission from the commissioner to write the type of insurance defined in paragraph (2) of subdivision (a) of Section 12640.02.

(Added by Stats. 1982, Ch. 1084, Sec. 4.)

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