California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 6 - California Financing Law
Article 6 - Insurance
Section 1490 - Prohibited Collateral Sales

Universal Citation: 10 CA Code of Regs 1490
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

Any sale of insurance, in connection with a loan that is in violation of Sections 1488 and 1489 of these rules, constitutes a prohibited transaction under Sections 22311 and 22312 of the Financial Code.

1. Amendment filed 12-29-83; effective thirtieth day thereafter (Register 83, No. 53).
2. Change without regulatory effect amending section and NOTE filed 6-14-95 pursuant to section 100, title 1, California Code of Regulations (Register 95, No. 24).

Note: Authority cited: Section 22150, Financial Code. Reference: Sections 22150, 22311, 22312 and 22313, Financial Code.

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