Cal. INS § 12374
This is the official text of Cal. INS § 12374, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
Except as otherwise authorized by subdivision (g) of Section 1105, a title insurer shall not directly or indirectly make a loan from its assets to any of its officers, directors or employees, or to any member of the family of any officer or director. Any officer, director, agent, or employee of any such insurer who knowingly consents to any violation of this section is guilty of a misdemeanor.
Status: in_force · Read it on the official government site
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