DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 4. MISCELLANEOUS CASUALTY INSURANCES 12050-12129›CHAPTER 2. Other Casualty Insurers on Reserve Basis; Capital Requirements and Permitted Insurances 12124-12124
§ 12124
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
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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