INS § 10510
Where this section sits in the code
- Insurance Code - INS
- DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
- PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]
- CHAPTER 6. Incorporated Life Insurers Issuing Policies on a Reserve Basis [10510. - 10541.]
- ARTICLE 1. Capital [10510. - 10512.]
An incorporated life insurer issuing policies on the reserve basis shall not transact life insurance in this state unless it has a paid-in capital of at least two million two hundred fifty thousand dollars ($2,250,000) plus the surplus required by Section 700.02 and Section 700.05.
Collected 2026-09-14T05:56:33Z. Source file · JSON