Ins. Code, § 10510 · Article 1. Capital
Ins. Code, § 10510
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
An incorporated life insurer issuing policies on the reserve basis shall not transact life insurance in this state unless it has a paid-in capital of at least two million two hundred fifty thousand dollars ($2,250,000) plus the surplus required by Section 700.02 and Section 700.05.
Notes and commentary — not statutory text
History
Amended by Stats. 1989, Ch. 418, Sec. 3.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10510.
- Text hash
- sha256 36943516e60271b2c21971325e101faacb557555eff6ad9c9098ff15e2059b3a
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 5 provisions
Provisions in this library whose text cites Ins. Code, § 10510. Each shows the citation as that text prints it.
Insurance Code
- Ins. Code, § 700.04Printed as Section 10510 of this code
- Ins. Code, § 986Printed as Sections 10510, 10511, and 10512
- Ins. Code, § 1011Printed as Sections 10510 and 10511
- Ins. Code, § 10512Printed as Section 700.05, 10510, and 10511 | Sections 10510 and 10511
- Ins. Code, § 12125Printed as Sections 700.01, 700.02, 10510, and 10511
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.