{"code":"INS","codeName":"Insurance Code","section":"12927","citation":"Ins. Code, § 12927","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. THE INSURANCE COMMISSIONER [12900. - 13855.]","url":"https://blackletter.si/insurance-code/division-3"},{"name":"CHAPTER 2. Powers and Duties [12919. - 13555.]","url":"https://blackletter.si/insurance-code/division-3/chapter-2"},{"name":"ARTICLE 1. Generally [12919. - 12938.]","url":"https://blackletter.si/insurance-code/division-3/chapter-2/article-1"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>All statements, estimates, percentages, payments, and calculations, required by this code to be made, either by the commissioner or insurers, shall be made on the basis of lawful money of the United States.</p>","text":"All statements, estimates, percentages, payments, and calculations, required by this code to be made, either by the commissioner or insurers, shall be made on the basis of lawful money of the United States.","otherVersions":[],"url":"https://blackletter.si/insurance-code/generally-12927","source":"California Legislative Information bulk export (pubinfo)"}