No person, title insurer, underwritten title company, controlled escrow company, or advisory organization shall willfully withhold information from, or knowingly give false or misleading information to, the commissioner or to any advisory organization which will affect rates for the business of title insurance to which the provisions of this chapter are applicable.

(Added by Stats. 1973, Ch. 1130.)

Terms Used In California Insurance Code 12414.24

  • Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19
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