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2023 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 6 - INSURANCE COVERING LAND
CHAPTER 1 - Title Insurance
ARTICLE 2 - Title Insurers; Capital and Guarantee Fund Requirements
Section 12359.
Universal Citation:
CA Ins Code § 12359 (2023)
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12359. 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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