Ins. Code, § 11127 · Article 7. Financial Matters
Ins. Code, § 11127
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
An admitted foreign society organized under the laws of any jurisdiction other than a state of the United States shall at all times maintain with a trustee in the United States, in trust for the benefit and security of all its policyholders and creditors in the United States, assets as prescribed in Section 11128. Such assets are designated “trusteed assets.”
Notes and commentary — not statutory text
History
Added by Stats. 1951, Ch. 1193.
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=11127.
- Text hash
- sha256 77f64ed903974848e5f3d400d56d3119af2a635f33d7305eb7862adcdce54aad
- 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
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Insurance Code
Cited by 3 provisions
Provisions in this library whose text cites Ins. Code, § 11127. Each shows the citation as that text prints it.
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