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California · Through 2026-09-13

INS § 12640.06

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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 6. INSURANCE COVERING LAND [12340. - 12661.]
  4. CHAPTER 2A. Mortgage Guaranty Insurance [12640.01. - 12640.20.]
  5. ARTICLE 2. Capital, Surplus and Contingency Reserve Requirements [12640.03. - 12640.06.]

A mortgage guaranty insurer shall not declare any dividends except from undivided profits remaining on hand over and above the aggregate of its paid-in capital, paid-in surplus and contingency reserve.

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

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