Statute · California Insurance Code
Cal. Ins. Code § 12359 — Title Insurers; Capital and Guarantee Fund Requirements
Cal. Ins. Code § 12359
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A title insurer shall not transact any insurance in this state unless it has paid-in capital represented by shares of stock of at least five hundred thousand dollars ($500,000).
Citator
Cal. Ins. Code § 12359 — Title Insurers; Capital and Guarantee Fund Requirements is in force in the current edition of the Code, and nothing recorded condemns it.
A title insurer shall not transact any insurance in this state unless it has paid-in capital represented by shares of stock of at least five hundred thousand dollars ($500,000).