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

§ 12359

California Insurance Code · 2020-11 edition · updated 2026-10-04 · California

A title insurer shall not transact any insurance in this state unless it has paid-in capital represented by shares of stock of at least five hundred thousand dollars ($500,000).

(Amended by Stats. 1981, Ch. 479, Sec. 2.)

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California Insurance Code

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