Section 4225. Domestic life insurance companies; discrimination as to brokers  


Latest version.
  • No officer, trustee or director of a  domestic  life  insurance  company  shall  direct  or  require  a  borrower from the life insurance
      company on  mortgage  to  negotiate  any  policy  of  insurance  on  the
      mortgaged  property  through any particular insurance broker, or attempt
      to divert to any particular insurance broker the patronage of  borrowers
      from  the life insurance company, or refuse to accept any such insurance
      policy because it was not  negotiated  through  a  particular  insurance
      broker.