Ins. Code, § 1194.88 · Article 4. Property Authorized for Excess Funds Investments

Ins. Code, § 1194.88

Verbatim from the official edition

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

Every admitted incorporated insurer may, for the protection or enhancement of the value of real property acquired under the provisions of Section 1194.86, use its funds in the manner as it shall deem proper to repair, alter, remodel, rehabilitate, demolish, purchase furnishings or other personal property for use in or otherwise to improve the real estate.

Notes and commentary — not statutory text

History

Added by Stats. 1991, Ch. 539, Sec. 17.

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=1194.88.
Text hash: sha256 9b1d58e8777761ba1b1a35b87c38375a55249fa08969f0621d9edadfc5fe4c71
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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.

Insurance Code

Ins. Code, § 1194.86Printed as Section 1194.86

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.