California Insurance Code

§ 1221

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 1221Div. 1 · Part 2 · Ch. 2 · Art. 5

Statute text

View on leginfo.ca.gov

The amount thus loaned by an insurer upon its own policies shall be credited to the insurer in determining the amount of deposit required to comply with the provisions of Article 2, Chapter 5, Part 2, Division 2. Such loans shall be deducted from the net value of the registered policies.

Legislative history

Enacted by Stats. 1935, Ch. 145.