Insurance Code § 12359

ARTICLE 2. Title Insurers; Capital and Guarantee Fund Requirements

Current as of September 28, 2026Ins. Code, § 12359Official source ↗

Amended by Stats. 1981, Ch. 479, Sec. 2.

A title insurer shall not transact any insurance in this state unless it has paid-in capital represented by shares of stock of at least five hundred thousand dollars ($500,000).