California Codes > Insurance Code > Division 1 > Part 1 > Chapter 9 – Rescission
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| § 650 | Whenever a right to rescind a contract of insurance is given to the … |
| § 651 | Whenever an insurer gives notice of rescission of an automobile … |
Terms Used In California Codes > Insurance Code > Division 1 > Part 1 > Chapter 9 - Rescission
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
- Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.