DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 6. INSURANCE COVERING LAND 12340-12661›CHAPTER 1. Title Insurance 12340-12418.4›ARTICLE 2. Title Insurers; Capital and Guarantee Fund Requirements 12350-12360
§ 12350
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
Every title insurer, before issuing any policy, shall deposit $100,000 with the Insurance Commissioner or other designated official of its home State as a “guarantee fund” for the security and protection of the holders of, or beneficiaries under, its title policies.
(Amended by Stats. 1935, Ch. 292.)
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