Statute · California Insurance Code
Cal. Ins. Code § 12357 — Title Insurers; Capital and Guarantee Fund Requirements
Cal. Ins. Code § 12357
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Unless the mortgage is covered by mortgage insurance, the value of the property covered by each such mortgage constituting all or part of such deposit in this State shall be appraised by one or more appraisers selected or approved by the commissioner. The appraisers shall be familiar with…
Citator
Cal. Ins. Code § 12357 — Title Insurers; Capital and Guarantee Fund Requirements is in force in the current edition of the Code, and nothing recorded condemns it.
Unless the mortgage is covered by mortgage insurance, the value of the property covered by each such mortgage constituting all or part of such deposit in this State shall be appraised by one or more appraisers selected or approved by the commissioner. The appraisers shall be familiar with property values of the particular type of property and generally in the region in which the property or some part thereof is situated.