{"code":"INS","codeName":"Insurance Code","section":"12755","citation":"Ins. Code, § 12755","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 7. HOME PROTECTION [12740. - 12764.]","url":"https://blackletter.si/insurance-code/division-2/part-7"},{"name":"CHAPTER 2. Fiscal Requirements [12750. - 12757.]","url":"https://blackletter.si/insurance-code/division-2/part-7/chapter-2"}],"history":"Added by Stats. 1981, Ch. 820, Sec. 8.","effective":null,"html":"<p>A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section <a href=\"/ins/12750\">12750</a>.</p>","text":"A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section 12750.","otherVersions":[],"url":"https://blackletter.si/insurance-code/fiscal-requirements-12755","source":"California Legislative Information bulk export (pubinfo)"}