§ 12124
47 words·~1 min read·
/ca/insurance-code/12124A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.