Statute · California Insurance Code
Cal. Ins. Code § 11441 — Capital Adjustments
Cal. Ins. Code § 11441
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
All assets belonging before transformation to any such insurer or arising or accruing from policies issued upon the assessment plan, shall be used only for the benefit of the holders of such policies. Such assets shall not be used or considered as any part of the paid in capital provided for by…
Citator
Cal. Ins. Code § 11441 — Capital Adjustments is in force in the current edition of the Code, and nothing recorded condemns it.
All assets belonging before transformation to any such insurer or arising or accruing from policies issued upon the assessment plan, shall be used only for the benefit of the holders of such policies. Such assets shall not be used or considered as any part of the paid in capital provided for by section 11440.