Ins. Code, § 12382 · Article 3.5. Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense
Ins. Code, § 12382
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The unearned premium reserve of every title insurer shall consist of:
(a) Such amount as would have been required to be set aside in said reserve on all policies or contracts of title insurance issued during the calendar years 1962, 1963 and 1964, if this article had been effective at and after the date that such policies or contracts were written, less the amount of withdrawals that would have been permitted if this article had been so effective; and
(b) The amount of all additions required to be made to such reserve by this article less the withdrawals therefrom permitted by this article.
Notes and commentary — not statutory text
History
Added by Stats. 1965, Ch. 272.
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=12382.
- Text hash
- sha256 688c7c7e953ccd4784bde90d34e42efb76fc8e04987327469241ad329d9df57c
- 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, § 12382. Each shows the citation as that text prints it.
Insurance Code
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.