Insurance Code section 12050

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.

Source: Section 12050, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=12050. (updated Jan. 1, 1953; accessed Jun. 9, 2025).

12050
12051
12052
12055

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Verified:
Jun. 9, 2025

§ 12050’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_12050

Original Source: Section 12050, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=12050. (last accessed May 12, 2025).