SECTIONS 12415-12417

12415.  It is the intent of the Legislature that certificated titleinsurers and licensed underwritten title companies, as defined inSection 12340.5 shall pay to the commissioner an annual renewal fee,as provided in Section 12416, in addition to that provided as totitle insurers by Section 705 to cover the costs to the commissionerfor administering and enforcing Article 3.7 (commencing with Section12389), Article 5.5 (commencing with Section 12401), and Article 6(commencing with Section 12404) of Chapter 1, Part 6, Division 2 ofthis code and other provisions of this code as may be subsequentlyincorporated by reference in this article by legislative enactment.Such fee shall be in lieu of all fees provided for in Article 6(commencing with Section 12404) of Chapter 1, Part 6, Division 2.12416.  Each certificated title insurer possessing a certificate ofauthority of indefinite term pursuant to Section 701 shall owe andpay an annual renewal fee of four hundred thirteen dollars ($413) inlawful money of the United States. Each underwritten title companypossessing a license of indefinite term pursuant to Section 12389shall owe and pay an annual renewal fee of two hundred thirty-sixdollars ($236), except that: (a) where the aggregate number ofdocuments recorded and documents filed in the offices of the countyrecorders in the preceding calendar year in all counties where thecompany is licensed to transact business is less than 50,000, suchcompany shall owe and pay an annual renewal fee of one hundredeighteen dollars ($118), or (b) where the aggregate number ofdocuments recorded and documents filed in the offices of the countyrecorders in the preceding calendar year in all counties where thecompany is licensed to transact business is more than 50,000 but lessthan 100,000, such company shall owe and pay an annual renewal feeof one hundred fifty dollars ($150). Such fees shall be for annualperiods commencing on July 1 of each year and ending on June 30 ofeach year, and shall be due on March 1st preceding the annual periodfor which such fees are charged, and shall be delinquent on and afterApril 1st next following the date when due.12417.  The annual renewal fee provided by this article is not a taxbut a charge for services to be rendered.