Ins. Code, § 12050 · Article 1. Capital and Scope of Business
Ins. Code, § 12050
Verbatim from the official edition
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
An incorporated insurer issuing surety policies on the reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700. 01 to 700.05, inclusive.
Notes and commentary — not statutory text
History
Amended by Stats. 1953, Ch. 958.
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=12050.
- Text hash
- sha256 f5015f950bedf379cf07b60bd6b4f0970bcd80058831cc9eede20594b9eebfd3
- 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 2 provisions
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