Statute · California Insurance Code

Cal. Ins. Code § 1194.9 — Property Authorized for Excess Funds Investments

Cal. Ins. Code § 1194.9

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

If the commissioner shall decide, after due notice and hearing that the interest of any company having real estate acquired pursuant to the provisions of Section 1194.8 requires that any specific parcel or parcels of such real estate be disposed of, then such insurance company shall dispose of…

Citator

Cal. Ins. Code § 1194.9 — Property Authorized for Excess Funds Investments is in force in the current edition of the Code, and nothing recorded condemns it.

If the commissioner shall decide, after due notice and hearing that the interest of any company having real estate acquired pursuant to the provisions of Section 1194.8 requires that any specific parcel or parcels of such real estate be disposed of, then such insurance company shall dispose of such real estate within such reasonable time as the commissioner shall direct.