California Code
DIVISION 7 - INDUSTRIAL LOAN COMPANIES
CHAPTER 8 - Insurance Premium Financing

ARTICLE 1 - Definitions

Section 18560. - 18560. “Premium finance agency” means any industrial loan company incorporated...

Section 18561. - 18561. Such terms relating to insurance as are used in...

Section 18562. - 18562. As used in this chapter, “insured” means the person...

Section 18563. - 18563. As used in this chapter, “premium financing” means the...

Section 18564. - 18564. As used in this chapter, “premium finance agreement” means...

Section 18565. - 18565. As used in this chapter, “company” means a premium...

Section 18566. - 18566. As used in this chapter, “principal balance” means the...

Section 18567. - 18567. As used in this chapter, “finance charge” means any...

ARTICLE 2 - General

Section 18580. - 18580. A premium finance agency desiring the full authority which...

Section 18581. - 18581. The articles of incorporation of any corporation organized under...

Section 18582. - 18582. Capital stock of any premium finance agency shall not...

Section 18583. - 18583. Before a premium finance agency commences business or opens...

Section 18584. - 18584. An insurance premium finance agreement, as defined in Section...

Section 18585. - 18585. In the event of any conflict in the provisions...

Section 18586. - 18586. The provisions of Sections 18023, 18024, 18120, 18205, 18268,...

Section 18587. - 18587. The provisions of Sections 18607, 18625, and 18626 shall...

Section 18588. - 18588. Unless the insured has notice of the assignment of...

Section 18589. - 18589. At any time during the term of the premium...

Section 18590. - 18590. Upon payment of a loan in full the company...

Section 18591. - 18591. No filing of the premium finance agreement shall be...

Section 18592. - 18592. Any downpayment which is made and which is received...

Section 18593. - 18593. The downpayments received by the company under the provisions...

Section 18594. - 18594. Any corporation organized as an industrial loan company other...

Section 18595. - 18595. A premium finance agency shall not incorporate the words...

Section 18596. - 18596. A premium finance company may issue or sell investment...

ARTICLE 3 - Provisions of Premium Finance Agreements

Section 18605. - 18605. A premium finance agreement shall be in writing and...

Section 18606. - 18606. A premium finance agreement shall not be executed by...

Section 18607. - 18607. Upon receipt of the loan form the company shall...

Section 18608. - 18608. (a) A premium finance agreement may contain a power...

Section 18609. - 18609. All statutory, regulatory and contractual restrictions providing that the...

Section 18610. - 18610. The insurer within a reasonable time after the effective...

Section 18611. - 18611. At the time of mailing the notice required by...

ARTICLE 4 - Limitation on Finance Charges

Section 18625. - 18625. A premium finance agency shall not, except as otherwise...

Section 18626. - 18626. A premium finance agency may, in a premium finance...

Section 18627. - 18627. If the finance charge computed under Section 18626 is...

Section 18628. - 18628. The finance charge may be computed from the effective...

Section 18629. - 18629. Notwithstanding the provisions of any premium finance agreement to...

Section 18630. - 18630. In the event that the insurance policy or policies...

Section 18631. - 18631. (a) A premium finance agreement may provide for the...

ARTICLE 5 - Charges on Scheduled Balances

Section 18634. - 18634. This article is applicable only to premium finance agencies....

Section 18635. - 18635. Whenever the interest or charges, or interest and charges...

Section 18636. - 18636. (a) As an alternative to the provisions of Section...

Section 18637. - 18637. If a loan contract made under Section 18636 is...

Section 18638. - 18638. A special rebate of precomputed charges shall be made...

Section 18640. - 18640. A deferment charge may be charged and collected on...

Section 18642. - 18642. If the maturity of a loan made under Section...

Section 18643. - 18643. Notwithstanding any other provision of law not within this...