{"code":"INS","codeName":"Insurance Code","section":"12050","citation":"Ins. Code, § 12050","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 4. MISCELLANEOUS CASUALTY INSURANCES [12050. - 12129.]","url":"https://blackletter.si/insurance-code/division-2/part-4"},{"name":"CHAPTER 1. Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances [12050. - 12122.]","url":"https://blackletter.si/insurance-code/division-2/part-4/chapter-1"},{"name":"ARTICLE 1. Capital and Scope of Business [12050. - 12055.]","url":"https://blackletter.si/insurance-code/division-2/part-4/chapter-1/article-1"}],"history":"Amended by Stats. 1953, Ch. 958.","effective":null,"html":"<p>An incorporated insurer issuing surety policies on the reserve basis shall be governed by the paid-in capital and surplus requirements of Sections <a href=\"/ins/700\">700</a>. 01 to 700.05, inclusive.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/insurance-code/capital-and-scope-of-business-12050","source":"California Legislative Information bulk export (pubinfo)"}