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California · Through 2026-09-13

INS § 11443

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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 11. Change by Assessment Plan Insurer to Reserve Plan [11420. - 11490.]
  5. ARTICLE 2. Capital Adjustments [11440. - 11443.]

The fund required by Section 11442 shall be used for the payment of matured liabilities arising under the assessment plan when other assets applicable thereto are exhausted. It may be derived from the excess over two hundred thousand dollars ($200,000) of the paid-in capital of the insurer. It need be maintained only during the existence of conditions set forth in Section 11442.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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