Skip to content
CodesChatProject

Earlier editions: 2020-112018-11

DIVISION 2. CLASSES OF INSURANCE 1880-12880.8›PART 4. MISCELLANEOUS CASUALTY INSURANCES 12050-12129›CHAPTER 1. Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances 12050-12122›ARTICLE 1. Capital and Scope of Business 12050-12055

§ 12050

California Insurance Code · 2026 edition · updated 2026-10-04 · California

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.

(Amended by Stats. 1953, Ch. 958.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Insurance Code
California Insurance Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.