Statute · California Insurance Code

Cal. Ins. Code § 12355 — Title Insurers; Capital and Guarantee Fund Requirements

Cal. Ins. Code § 12355

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

Except on withdrawal of the insurer from this State, or substitution pursuant to section 12353, assets in the deposit in this State shall be subject to final sale, transfer, and disposal of the proceeds thereof by the commissioner only on the order of a court of competent jurisdiction and for…

Citator

Cal. Ins. Code § 12355 — Title Insurers; Capital and Guarantee Fund Requirements is in force in the current edition of the Code, and nothing recorded condemns it.

Except on withdrawal of the insurer from this State, or substitution pursuant to section 12353, assets in the deposit in this State shall be subject to final sale, transfer, and disposal of the proceeds thereof by the commissioner only on the order of a court of competent jurisdiction and for the security and protection of the holders of, or beneficiaries under, the depositing insurers title insurance policies.