Is Cal. Ins. Code § 12402.1 — Advisory Organizations still in force?

Statute · California Insurance Code

Cal. Ins. Code § 12402.1 — Advisory Organizations

Cal. Ins. Code § 12402.1

Type: Statute
Source: California Insurance Code
Jurisdiction: California
Current through: Nov 2, 2026 (California Legislative Counsel)

Every advisory organization shall adopt bylaws or rules and regulations which will:

Citator

Cal. Ins. Code § 12402.1 — Advisory Organizations is in force in the current edition of the Code, and nothing recorded condemns it.

Every advisory organization shall adopt bylaws or rules and regulations which will:

(a) Permit any person or entity in the business of title insurance in this state to become a member at a reasonable cost and without discrimination;

(b) Permit any member to withdraw at any time upon written notice;

(c) Prohibit any act or agreement by which any person or entity is restrained from lawfully engaging in the business of title insurance in this state;

(d) Require that the commissioner be given prompt notification of every change in any of the items described in subdivisions (a), (b), and (c) of Section 12402.