{"code":"INS","codeName":"Insurance Code","section":"1220","citation":"Ins. Code, § 1220","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1"},{"name":"PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1/part-2"},{"name":"CHAPTER 2. Incorporated Insurers [1140. - 1260.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-2"},{"name":"ARTICLE 5. Life Insurance Policies [1220. - 1221.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-2/article-5"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>Domestic incorporated life insurers may also invest any funds in loans upon any of their own policies in an amount not exceeding the reserve against such policy at the time the loan is made, but policy loans shall not be deposited with the commissioner under Article 2, Chapter 5, Part 2, Division 2.</p>","text":"Domestic incorporated life insurers may also invest any funds in loans upon any of their own policies in an amount not exceeding the reserve against such policy at the time the loan is made, but policy loans shall not be deposited with the commissioner under Article 2, Chapter 5, Part 2, Division 2.","otherVersions":[],"url":"https://blackletter.si/insurance-code/life-insurance-policies-1220","source":"California Legislative Information bulk export (pubinfo)"}