Ins. Code, § 1202 · Article 4. Property Authorized for Excess Funds Investments
Ins. Code, § 1202
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The commissioner may, in his discretion and after hearing, by written order require the disposal of any investments made in violation of the provisions of this article, pending which disposal pursuant to such order no value shall be allowed for such investment in any statement, required by any provision of this code, purporting to show the financial condition of the owner thereof, or in measuring the financial condition of the owner thereof for the purpose of determining whether such owner is solvent or insolvent. The commissioner may also, for good cause, require the disposal of any excess funds investments.
Notes and commentary — not statutory text
History
Amended by Stats. 1943, Ch. 872.
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=1202.
- Text hash
- sha256 1a5be637868c12dd638e9875b3f654f1b3ebc6b6f9e9cd45bed388f0e3bb2d3c
- 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 7 provisions
Provisions in this library whose text cites Ins. Code, § 1202. Each shows the citation as that text prints it.
Insurance Code
- Ins. Code, § 1142Printed as Section 1202
- Ins. Code, § 1198Printed as Section 1202
- Ins. Code, § 1210Printed as Sections 1153.5, 1154, 1200, 1201, and 1202
- Ins. Code, § 1211Printed as Section 1202
- Ins. Code, § 1241Printed as Sections 1200, 1201, and 1202
- Ins. Code, § 1373.1Printed as Sections 1178 to 1202, inclusive
- Ins. Code, § 1765.2Printed as Sections 1190 to 1202, inclusive
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.