BlackletterCalifornia law

Insurance Code § 12050

ARTICLE 1. Capital and Scope of Business

Current as of September 28, 2026Ins. Code, § 12050Official source ↗

Amended by Stats. 1953, Ch. 958.

An incorporated insurer issuing surety policies on the reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700. 01 to 700.05, inclusive.