Statute · California Insurance Code
Cal. Ins. Code § 1221 — Life Insurance Policies
Cal. Ins. Code § 1221
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The amount thus loaned by an insurer upon its own policies shall be credited to the insurer in determining the amount of deposit required to comply with the provisions of Article 2, Chapter 5, Part 2, Division 2. Such loans shall be deducted from the net value of the registered policies.
Citator
Cal. Ins. Code § 1221 — Life Insurance Policies is in force in the current edition of the Code, and nothing recorded condemns it.
The amount thus loaned by an insurer upon its own policies shall be credited to the insurer in determining the amount of deposit required to comply with the provisions of Article 2, Chapter 5, Part 2, Division 2. Such loans shall be deducted from the net value of the registered policies.