California Insurance Code

§ 4051

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

INS § 4051Div. 2 · Part 1 · Ch. 4 · Art. 5

Statute text

View on leginfo.ca.gov

A dividend otherwise proper may be payable out of such savings, earnings, and gains even though the insurer’s total surplus is then less than the aggregate of contributed surplus remaining unpaid by the insurer.

Legislative history

Added by Stats. 1963, Ch. 1772.