Insurance Code section 12402.1


Every advisory organization shall adopt bylaws or rules and regulations which will:

(a)

Permit any person or entity in the business of title insurance in this state to become a member at a reasonable cost and without discrimination;

(b)

Permit any member to withdraw at any time upon written notice;

(c)

Prohibit any act or agreement by which any person or entity is restrained from lawfully engaging in the business of title insurance in this state;

(d)

Require that the commissioner be given prompt notification of every change in any of the items described in subdivisions (a), (b), and (c) of Section 12402.

Source: Section 12402.1, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=12402.­1.­ (updated Jan. 1, 1973; accessed Dec. 29, 2025).

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Verified:
Dec. 29, 2025

§ 12402.1's source at ca​.gov