California Insurance Code

§ 12350

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

INS § 12350Div. 2 · Part 6 · Ch. 1 · Art. 2

Statute text

View on leginfo.ca.gov

Every title insurer, before issuing any policy, shall deposit $100,000 with the Insurance Commissioner or other designated official of its home State as a “guarantee fund” for the security and protection of the holders of, or beneficiaries under, its title policies.

Legislative history

Amended by Stats. 1935, Ch. 292.