Statute · California Insurance Code
Cal. Ins. Code § 12350 — Title Insurers; Capital and Guarantee Fund Requirements
Cal. Ins. Code § 12350
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Every title insurer, before issuing any policy, shall deposit $100,000 with the Insurance Commissioner or other designated official of its home State as a “guarantee fund” for the security and protection of the holders of, or beneficiaries under, its title policies.
Citator
Cal. Ins. Code § 12350 — Title Insurers; Capital and Guarantee Fund Requirements is in force in the current edition of the Code, and nothing recorded condemns it.
Every title insurer, before issuing any policy, shall deposit $100,000 with the Insurance Commissioner or other designated official of its home State as a “guarantee fund” for the security and protection of the holders of, or beneficiaries under, its title policies.