Statute · California Insurance Code
Cal. Ins. Code § 12124 — Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances
Cal. Ins. Code § 12124
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An incorporated insurer that does not issue fire, marine, life, liability, workers’ compensation, common carrier liability, surety, title or mortgage policies but does issue other insurance policies on a reserve basis shall be governed by the paid-in capital and surplus requirements of Sections…
Citator
Cal. Ins. Code § 12124 — Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances is in force in the current edition of the Code, and nothing recorded condemns it.
An incorporated insurer that does not issue fire, marine, life, liability, workers’ compensation, common carrier liability, surety, title or mortgage policies but does issue other insurance policies on a reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700.01 to 700.05, inclusive.