Statute · California Insurance Code

Cal. Ins. Code § 1201 — Property Authorized for Excess Funds Investments

Cal. Ins. Code § 1201

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

The entry of approval shall show:

Citator

Cal. Ins. Code § 1201 — Property Authorized for Excess Funds Investments is in force in the current edition of the Code, and nothing recorded condemns it.

The entry of approval shall show:

(a) The fact of making such investment.

(b) The amount thereof.

(c) The name of each director voting to approve the investment.

(d) The amount, character and value of the security purchased or taken as collateral.

(e) If the investment is a loan, the name of the borrower, the rate of interest thereon and the due date thereof.