{"data":{"id":"us-ca/ins-11440","jurisdiction":"us-ca","citation":"INS § 11440","heading":"","body":"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.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"ff0fb03a31d6ff94d755304fe7d1a299c33026bcbd577eb42f73f641c4e0aae2","source_id":"us-ca","stale":false,"prev":"us-ca/ins-11422","next":"us-ca/ins-11441"},"notice":"GroundRules: Original legal text. Not legal advice."}