7455. No association or director, officer, or employee of an association shall require, as a condition to the granting of any loan or the extension of any other service by the association, that the borrower or any other person undertake a contract of insurance with any specific company, agency, or individual.(Added by Stats. 1984, Ch. 287, Sec. 27. Effective July 6, 1984.)
California Legal Code
§ 7455
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=FIN&division=2.&title=&part=&chapter=6.&article=5.· Version 2026