California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 1 - Production of Insurance
Article 3 - Motor Vehicle Insurance
Regulations
Section 2123 - Same; Form of Assignment to Dealer

Universal Citation: 10 CA Code of Regs 2123
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The assignment referred to in Section 2122 shall be in writing and shall contain, in substance, the following provision:

"In consideration of allowing me credit for the full amount of the gross return premium on Policy No. __________covering my 19 ___ automobile, I hereby assign to __________ all my right, title and interest in and to such return premium."

A signed copy of such assignment shall be retained by the person taking the assignment in the records and files of the person's insurance transactions.

1. Amendment filed 9-5-61; designated effective 1-1-62 (Register 61, No. 18).
2. Change without regulatory effect amending final paragraph filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.

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