INS § 4070
Where this section sits in the code
- Insurance Code - INS
- DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
- PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]
- CHAPTER 4. General Mutual Insurers [4010. - 4097.20.]
- ARTICLE 7. Insolvency [4070. - 4070.]
Such an insurer is insolvent if its surplus becomes less than the amount of paid-in capital required of a capital stock company to qualify to transact the same classes of insurance.
Collected 2026-09-14T05:56:33Z. Source file · JSON