Statute · California Insurance Code

Cal. Ins. Code § 1194.88 — Property Authorized for Excess Funds Investments

Cal. Ins. Code § 1194.88

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

Every admitted incorporated insurer may, for the protection or enhancement of the value of real property acquired under the provisions of Section 1194.86, use its funds in the manner as it shall deem proper to repair, alter, remodel, rehabilitate, demolish, purchase furnishings or other personal…

Citator

Cal. Ins. Code § 1194.88 — Property Authorized for Excess Funds Investments is in force in the current edition of the Code, and nothing recorded condemns it.

Every admitted incorporated insurer may, for the protection or enhancement of the value of real property acquired under the provisions of Section 1194.86, use its funds in the manner as it shall deem proper to repair, alter, remodel, rehabilitate, demolish, purchase furnishings or other personal property for use in or otherwise to improve the real estate.