Statute · California Insurance Code

Cal. Ins. Code § 1192.4 — Property Authorized for Excess Funds Investments

Cal. Ins. Code § 1192.4

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

No domestic insurer shall have more than 10 percent of its capital and surplus invested in stock of corporations organized under the laws of the Dominion of Canada or of any province of the Dominion of Canada, but this limitation shall not affect the authority conferred by Sections 1172, 1199…

Citator

Cal. Ins. Code § 1192.4 — Property Authorized for Excess Funds Investments is in force in the current edition of the Code, and nothing recorded condemns it.

No domestic insurer shall have more than 10 percent of its capital and surplus invested in stock of corporations organized under the laws of the Dominion of Canada or of any province of the Dominion of Canada, but this limitation shall not affect the authority conferred by Sections 1172, 1199 and 1240.