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2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
ARTICLE 2. Title Insurers; Capital and Guarantee Fund Requirements
Section 12359


CA Ins Code § 12359 (through 2012 Leg Sess) What's This?

A title insurer shall not transact any insurance in this state unless it has paid-in capital represented by shares of stock of at least five hundred thousand dollars ($500,000).

(Amended by Stats. 1981, Ch. 479, Sec. 2.)

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