Statute · California Insurance Code

Cal. Ins. Code § 1192.5 — Property Authorized for Excess Funds Investments

Cal. Ins. Code § 1192.5

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

Excess funds investments may be made in all deposits and debt obligations of banks or savings and loan associations whose accounts are insured by an agency or instrumentality of the federal government including accounts or certificates of deposit not subject to Section 1182, bankers’…

Citator

Cal. Ins. Code § 1192.5 — Property Authorized for Excess Funds Investments is in force in the current edition of the Code, and nothing recorded condemns it.

Excess funds investments may be made in all deposits and debt obligations of banks or savings and loan associations whose accounts are insured by an agency or instrumentality of the federal government including accounts or certificates of deposit not subject to Section 1182, bankers’ acceptances, and commercial paper.