Cal. Financial Code § 18630

California · California Financial Code · Status: effective

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Citation: Cal. Financial Code § 18630, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/815372
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In the event that the insurance policy or policies which are the subject of a premium finance agreement are canceled by the insured or by the insurer, for any cause, the insured shall be entitled to receive a refund credit of the unearned finance charge. This refund credit shall be calculated in the same manner as prescribed in Section 18629, and shall be paid to the insured within a reasonable time.