Earlier editions: 2020-112018-11
DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 2. Incorporated Insurers 1140-1260›ARTICLE 3. General Investments 1170-1182
§ 1182
California Insurance Code · 2026 edition · updated 2026-10-04 · California
Domestic incorporated insurers may invest in an account or accounts in one or more banks, savings and loan associations, or credit unions to the extent the account or accounts are insured by an agency or instrumentality of the federal government. As used in this section, an account may include a certificate of deposit.
(Amended by Stats. 2009, Ch. 234, Sec. 8. (AB 299) Effective January 1, 2010.)
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