Statute · California Insurance Code
Cal. Ins. Code § 12050 — Capital and Scope of Business
Cal. Ins. Code § 12050
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An incorporated insurer issuing surety policies on the reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700. 01 to 700.05, inclusive.
Citator
Cal. Ins. Code § 12050 — Capital and Scope of Business is in force in the current edition of the Code, and nothing recorded condemns it.
An incorporated insurer issuing surety policies on the reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700. 01 to 700.05, inclusive.