{"data":{"id":"us-ca/ins-12640.06","jurisdiction":"us-ca","citation":"INS § 12640.06","heading":"","body":"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.","path":["Insurance Code - INS","DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","PART 6. INSURANCE COVERING LAND [12340. - 12661.]","CHAPTER 2A. Mortgage Guaranty Insurance [12640.01. - 12640.20.]","ARTICLE 2. Capital, Surplus and Contingency Reserve Requirements [12640.03. - 12640.06.]"],"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":"2772671eda0c7b7b8fbb84e10fe5bd4fa0cded2f911de4278c42fe200334600c","source_id":"us-ca","stale":false,"prev":"us-ca/ins-12640.05","next":"us-ca/ins-12640.07"},"notice":"GroundRules: Original legal text. Not legal advice."}