DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 6. Incorporated Life Insurers Issuing Policies on a Reserve Basis 10510-10541›ARTICLE 1. Capital 10510-10512
§ 10512
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
An insurer holding a certificate of authority for life insurance and any other proper class on December 31, 1989, shall be governed by the provisions of Section 700.05, 10510, and 10511 in effect on December 31, 1989, until December 31, 1999. After December 31, 1999, any insurer holding a certificate of authority for life insurance and any other proper class shall meet the capital requirement of Sections 10510 and 10511 as become effective January 1, 1990.
(Amended by Stats. 1989, Ch. 418, Sec. 5.)
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