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California Insurance Code

§ 1182

INS § 1182 Effective Jan 1, 2010Div. 1 · Part 2 · Ch. 2 · Art. 3

Statute text

View on leginfo.ca.gov
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.

Legislative history

Amended by Stats. 2009, Ch. 234, Sec. 8. (AB 299) Effective January 1, 2010.

Source: California Insurance Code § 1182 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.