DIVISION 3. THE INSURANCE COMMISSIONER 12900-13813›CHAPTER 2. Powers and Duties 12919-13555›ARTICLE 1. Generally 12919-12938
§ 12927
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
All statements, estimates, percentages, payments, and calculations, required by this code to be made, either by the commissioner or insurers, shall be made on the basis of lawful money of the United States.
(Enacted by Stats. 1935, Ch. 145.)
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