GroundRules
INS § 11440
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 11. Change by Assessment Plan Insurer to Reserve Plan [11420. - 11490.]
- ARTICLE 2. Capital Adjustments [11440. - 11443.]
Any insurer so reorganized shall have assets representing a paid-in capital represented by shares of stock apart from any assets described in Section 11441. At least two hundred thousand dollars ($200,000) of that capital shall be paid up before the insurer issues any policies on the reserve plan.
Collected 2026-09-14T05:56:33Z. Source file · JSON