Insurance Code § 12383

ARTICLE 3.5. Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense

Current as of September 28, 2026Ins. Code, § 12383Official source ↗

Amended by Stats. 1999, Ch. 187, Sec. 1. Effective January 1, 2000.

All amounts set aside in the unearned premium reserve of a title insurer shall be held either as cash on hand or shall be deposited or invested in those investments suitable for the investment of trust funds, as provided in Section 16040 of the Probate Code.