Statute · California Insurance Code

Cal. Ins. Code § 12755 — Fiscal Requirements

Cal. Ins. Code § 12755

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

A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section 12750.

Citator

Cal. Ins. Code § 12755 — Fiscal Requirements is in force in the current edition of the Code, and nothing recorded condemns it.

A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section 12750.