Insurance Code section 690

If any paid in capital of an insurer is, or is to be, represented by shares of stock, such insurer shall not be organized in this State or admitted to transact any class of insurance in this State, unless all of such shares, authorized or issued, have a specified par value.

Source: Section 690, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=690. (accessed Apr. 24, 2025).

690

Last Updated

Apr. 24, 2025

§ 690’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_690

Original Source: Section 690, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=690. (last accessed Apr. 24, 2025).