Cal. Code Regs. tit. 10 § 2123

Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 2123 - Same; Form of Assignment to Dealer

The assignment referred to in Section 2122 shall be in writing and shall contain, in substance, the following provision:

"In consideration of allowing me credit for the full amount of the gross return premium on Policy No. __________covering my 19 ___ automobile, I hereby assign to __________ all my right, title and interest in and to such return premium."

A signed copy of such assignment shall be retained by the person taking the assignment in the records and files of the person's insurance transactions.

Cal. Code Regs. Tit. 10, § 2123

1. Amendment filed 9-5-61; designated effective 1-1-62 (Register 61, No. 18).
2. Change without regulatory effect amending final paragraph filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.
1. Amendment filed 9-5-61; designated effective 1-1-62 (Register 61, No. 18).
2. Change without regulatory effect amending final paragraph filed 7-14-2021 pursuant to section 100, title 1, California Code of Regulations (Register 2021, No. 29). Filing deadline specified in Government Code section 11349.3(a) extended 60 calendar days pursuant to Executive Order N-40-20.