Section 12374 Of Article 3. Title Insurers: Finances And Investments From California Insurance Code >> Division 2. >> Part 6. >> Chapter 1. >> Article 3.
12374
. 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.