There is a newer version of the California Code
2016 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 7 - HOME PROTECTION
CHAPTER 2 - Fiscal Requirements
Section 12755.
CA Ins Code § 12755 (2016) What's This?
12755. A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section 12750.
(Added by Stats. 1981, Ch. 820, Sec. 8.)
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