Insurance Code section 1220

Domestic incorporated life insurers may also invest any funds in loans upon any of their own policies in an amount not exceeding the reserve against such policy at the time the loan is made, but policy loans shall not be deposited with the commissioner under Article 2, Chapter 5, Part 2, Division 2.

Source: Section 1220, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1220. (updated Jan. 1, 1935; accessed Jun. 9, 2025).

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Jun. 9, 2025

§ 1220’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_1220

Original Source: Section 1220, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1220. (last accessed May 12, 2025).