BlackletterCalifornia law

Insurance Code § 11443

ARTICLE 2. Capital Adjustments

Current as of September 28, 2026Ins. Code, § 11443Official source ↗

Amended by Stats. 1982, Ch. 454, Sec. 116.

The fund required by Section 11442 shall be used for the payment of matured liabilities arising under the assessment plan when other assets applicable thereto are exhausted. It may be derived from the excess over two hundred thousand dollars ($200,000) of the paid-in capital of the insurer. It need be maintained only during the existence of conditions set forth in Section 11442.