An insurer which anywhere in the United States transacts any class of insurance other than title insurance is not eligible for the issuance of a certificate of authority to transact title insurance in this State nor for the renewal thereof.
Cal. Ins. Code § 12360
Title Insurers; Capital and Guarantee Fund Requirements
Amended by Stats. 1951, Ch. 542.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.