Plain English Breakdown
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
Mortgages: hazard insurance proceeds: interest.
AB 1278, as amended, Harabedian.
What This Bill Does
- AB 1278, as amended, Harabedian.
- Mortgages: hazard insurance proceeds: interest.
- Existing law establishes the Department of Financial Protection and Innovation, which is under the direction of the Commissioner of Financial Protection and Innovation, and makes the department responsible for administering various laws relating to financial institutions and products, including mortgages.
- Existing law defines and regulates mortgages.
Limits and Unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.