Ins. Code, § 12359 · Article 2. Title Insurers; Capital and Guarantee Fund Requirements

Ins. Code, § 12359

Verbatim from the official edition

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

A title insurer shall not transact any insurance in this state unless it has paid-in capital represented by shares of stock of at least five hundred thousand dollars ($500,000).

Notes and commentary — not statutory text

History

Amended by Stats. 1981, Ch. 479, Sec. 2.

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=12359.
Text hash: sha256 bbe8e697d4c22b2303d09cdbc27acadb20a89edc9ad2ff3ba69c8b7b804f5e69
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 1 provision

Provisions in this library whose text cites Ins. Code, § 12359. Each shows the citation as that text prints it.

Insurance Code

Ins. Code, § 700.04Printed as Section 12359

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.