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California · Through 2026-09-13

INS § 10510

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Where this section sits in the code
  1. Insurance Code - INS
  2. DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
  3. PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]
  4. CHAPTER 6. Incorporated Life Insurers Issuing Policies on a Reserve Basis [10510. - 10541.]
  5. 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

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