Ins. Code, § 1201 · Article 4. Property Authorized for Excess Funds Investments
Ins. Code, § 1201
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The entry of approval shall show:
(a) The fact of making such investment.
(b) The amount thereof.
(c) The name of each director voting to approve the investment.
(d) The amount, character and value of the security purchased or taken as collateral.
(e) If the investment is a loan, the name of the borrower, the rate of interest thereon and the due date thereof.
Notes and commentary — not statutory text
History
Enacted by Stats. 1935, Ch. 145.
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=1201.
- Text hash
- sha256 b068aec8723ca6bc8d3632f594e9c778a53da54c26a0907cdb40ee116576a4c5
- 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
Cited by 4 provisions
Provisions in this library whose text cites Ins. Code, § 1201. 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.