BlackletterCalifornia law

Insurance Code § 1201

ARTICLE 4. Property Authorized for Excess Funds Investments

Current as of September 28, 2026Ins. Code, § 1201Official source ↗

Enacted by Stats. 1935, Ch. 145.

The entry of approval shall show:

(a) The fact of making such investment.

(b) The amount thereof.

(c) The name of each director voting to approve the investment.

(d) The amount, character and value of the security purchased or taken as collateral.

(e) If the investment is a loan, the name of the borrower, the rate of interest thereon and the due date thereof.