DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›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 · 2018-11 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.)
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