Earlier editions: 2020-112018-11
DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 2. Incorporated Insurers 1140-1260›ARTICLE 4. Property Authorized for Excess Funds Investments 1190-1202
§ 1194.95
California Insurance Code · 2026 edition · updated 2026-10-04 · California
Excess funds investments may be made in an electronic computer or data processing machine or system to be used in connection with the business of the insurer; provided, however, that this machine or system shall have an original cost of at least two hundred fifty thousand dollars ($250,000) and shall be amortized in full over a period not to exceed four full calendar years.
(Amended by Stats. 1991, Ch. 539, Sec. 18.)
Continue researching
State and federal sources. Edit the document title or filters, then run your search.
Get a plain-English answer with a citation back to this text.
Ask AI about this code