California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 1 - Production of Insurance
Article 3 - Motor Vehicle Insurance
Regulations
Section 2118 - Purchase of Contracts Restricted
Universal Citation: 10 CA Code of Regs 2118
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Licensees shall not purchase, finance or discount contracts of sale which include a charge, either directly or indirectly, for insurance or as to which insurance exists for the benefit of the purchaser or licensed dealer, from any dealer who is not licensed by the Department of Insurance unless such insurance was lawfully transacted.
1. Amendment filed 9-5-61; designated effective 1-1-62 (Register 61, No. 18).
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