Insurance Code section 12359

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).

Source: Section 12359, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=12359. (updated Jan. 1, 1981; accessed Oct. 13, 2025).

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Up to date

Verified:
Oct. 13, 2025

§ 12359's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_12359

Original Source: Section 12359, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=12359. (last accessed May 12, 2025).