Cal. Ins. Code § 12055

Current through the 2023 Legislative Session.
Section 12055 - Acquisition and disposition of insured debts

An insurer admitted in the State to transact credit insurance may also acquire and dispose of debts so insured and collect any debts owed to such insurer or to any person so insured by it. In performing any such act the credit insurer shall be under the jurisdiction of the Insurance Commissioner.

Ca. Ins. Code § 12055

Added by Stats. 1963, Ch. 19.