2007 California Insurance Code Article 3. Capital Requirements Of Reserve Basis Insurers .. 11600-11602

CA Codes (ins:11600-11602)

11600.  An incorporated insurer issuing policies of liability,
workers' compensation, or common carrier liability insurance, shall
be governed by the paid-in capital and surplus requirements of
Sections 700.01 to 700.05, inclusive.


11601.  Except as restricted by its charter, such an incorporated
insurer, having such a paid-in capital, may transact all three of
such insurances.


11602.  Any such insurer which on July 26, 1919, was authorized by
its charter to transact liability insurance may transact workers'
compensation and common carrier liability insurance as though
expressly permitted by its charter to do so.