Statute · California Insurance Code
Cal. Ins. Code § 12383 — Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense
Cal. Ins. Code § 12383
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2000-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
All amounts set aside in the unearned premium reserve of a title insurer shall be held either as cash on hand or shall be deposited or invested in those investments suitable for the investment of trust funds, as provided in Section 16040 of the Probate Code.
Citator
Cal. Ins. Code § 12383 — Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense is in force in the current edition of the Code, and nothing recorded condemns it.
All amounts set aside in the unearned premium reserve of a title insurer shall be held either as cash on hand or shall be deposited or invested in those investments suitable for the investment of trust funds, as provided in Section 16040 of the Probate Code.