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Ins. Code, § 10511 · Article 1. Capital

Ins. Code, § 10511

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

If authorized by its charter, such an incorporated life insurer may, except as provided in Section 700.03, transact, in addition to life insurance, any of the following classes of insurance if its total paid-in capital is at least two million two hundred fifty thousand dollars ($2,250,000) in excess of the sum of the amounts set forth opposite the classes of insurance transacted:

Number and name of class Amount of capital

class transacted to be added

6. Disability ...... 250,000

8. Liability 9. Workers’ compensation 10. Common carrier liability ⎫______ ⎪______ ⎬...... ⎪______ ⎭______ 300,000 for all or any of them

Notes and commentary — not statutory text

History

Amended by Stats. 1989, Ch. 418, Sec. 4.

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&sectionNum=10511.
Text hash
sha256 4beaded787a99a1a336329bfd6c58433a8b5c26efce7b19e1a1d8bb8ba5414f6
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
  • printed leader lines (blanks in a form) are shown as ______ or ......

This section cites

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Cited by 5 provisions

Provisions in this library whose text cites Ins. Code, § 10511. Each shows the citation as that text prints it.

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.