California § 12407 - The commissioner, if he has reason to believe that any controlled escrow company
Full text of California Public Contract Code - PCC § 12407 — The commissioner, if he has reason to believe that any controlled escrow company, with citation guidance and answers to common questions.
§ 12407. The commissioner, if he has reason to believe that any controlled escrow company
The commissioner, if he has reason to believe that any controlled escrow company or any underwritten title company has violated or is violating any of the provisions of this article, has the power and it is his duty to forthwith examine its books, records and accounts and in making any such examination he has all the power set forth in Article 4, Chapter 1 of Part 2 of Division 1 of this code and any company so examined shall pay to the commissioner the cost of such examination on demand. Whenever the commissioner examines a title insurer, he shall make such examination of its books, records, and files as may be necessary in his judgment to determine whether or not it has violated or is violating any of the provisions of this article.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12407
What does Public Contract Code - PCC § 12407 cover?
Section 12407 ("The commissioner, if he has reason to believe that any controlled escrow company") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 12407?
A common citation format is "Public Contract Code - PCC § 12407" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 12407 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.