{"code":"INS","codeName":"Insurance Code","section":"12124","citation":"Ins. Code, § 12124","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 2. Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances [12124. - 12124.]","url":"https://blackletter.si/insurance-code/division-2/part-4/chapter-2"}],"history":"Added by renumbering Section 12110 (as amended by Stats. 1982, Ch. 454) by Stats. 1995, Ch. 91, Sec. 98.   Effective January 1, 1996.","effective":"1996-01-01","html":"<p>An incorporated insurer that does not issue fire, marine, life, liability, workers’ compensation, common carrier liability, surety, title or mortgage policies but does issue other insurance policies on a reserve basis shall be governed by the paid-in capital and surplus requirements of Sections <a href=\"/ins/700.01\">700.01</a> to <a href=\"/ins/700.05\">700.05</a>, inclusive.</p>","text":"An incorporated insurer that does not issue fire, marine, life, liability, workers’ compensation, common carrier liability, surety, title or mortgage policies but does issue other insurance policies on a 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/other-casualty-insurers-on-reserve-basis-capital-12124","source":"California Legislative Information bulk export (pubinfo)"}