{"code":"INS","codeName":"Insurance Code","section":"12359","citation":"Ins. Code, § 12359","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 6. INSURANCE COVERING LAND [12340. - 12661.]","url":"https://blackletter.si/insurance-code/division-2/part-6"},{"name":"CHAPTER 1. Title Insurance [12340. - 12418.4.]","url":"https://blackletter.si/insurance-code/division-2/part-6/chapter-1"},{"name":"ARTICLE 2. Title Insurers; Capital and Guarantee Fund Requirements [12350. - 12360.]","url":"https://blackletter.si/insurance-code/division-2/part-6/chapter-1/article-2"}],"history":"Amended by Stats. 1981, Ch. 479, Sec. 2.","effective":null,"html":"<p>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).</p>","text":"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).","otherVersions":[],"url":"https://blackletter.si/insurance-code/title-insurers-capital-and-guarantee-fund-requirements-12359","source":"California Legislative Information bulk export (pubinfo)"}