Statute · California Insurance Code

Cal. Ins. Code § 11125 — Financial Matters

Cal. Ins. Code § 11125

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Every domestic society shall invest its funds only in securities permitted by the laws of this State for the investment of the assets of life insurers issuing nonassessable policies on a reserve basis. Such securities shall be valued according to the methods used in valuing similar securities…

Citator

Cal. Ins. Code § 11125 — Financial Matters is in force in the current edition of the Code, and nothing recorded condemns it.

Every domestic society shall invest its funds only in securities permitted by the laws of this State for the investment of the assets of life insurers issuing nonassessable policies on a reserve basis. Such securities shall be valued according to the methods used in valuing similar securities held by such insurers.