BlackletterCalifornia law

Insurance Code § 12124

CHAPTER 2. Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances

Current as of September 28, 2026Ins. Code, § 12124Official source ↗

Added by renumbering Section 12110 (as amended by Stats. 1982, Ch. 454) by Stats. 1995, Ch. 91, Sec. 98. Effective January 1, 1996.

An incorporated insurer that does not issue fire, marine, life, liability, workers’ compensation, common carrier liability, surety, title or mortgage policies but does issue other insurance policies on a reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700.01 to 700.05, inclusive.