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Insurance Code - INS

DIVISION 2. CLASSES OF INSURANCE [1880 - 12880.5]

  ( Division 2 enacted by Stats. 1935, Ch. 145. )

PART 4. MISCELLANEOUS CASUALTY INSURANCES [12050 - 12129]

  ( Part 4 enacted by Stats. 1935, Ch. 145. )

CHAPTER 2. Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances [12124- 12124.]
  ( Chapter 2 enacted by Stats. 1935, Ch. 145. )

12124.
  

An incorporated insurer that does not issue fire, marine, life, liability, workers’ compensation, common carrier liability, surety, title or mortgage policies but does issue other insurance policies on a reserve basis shall be governed by the paid-in capital and surplus requirements of Sections 700.01 to 700.05, inclusive.

(Added by renumbering Section 12110 (as amended by Stats. 1982, Ch. 454) by Stats. 1995, Ch. 91, Sec. 98. Effective January 1, 1996.)

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