2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
ARTICLE 2. Title Insurers; Capital and Guarantee Fund Requirements
Section 12350


CA Ins Code § 12350 (through 2012 Leg Sess) What's This?

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.

(Amended by Stats. 1935, Ch. 292.)

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