An incorporated insurer issuing policies of liability, workers’ compensation, or common carrier liability insurance, shall be governed by the paid-in capital and surplus requirements of Sections 700.01 to 700.05, inclusive.
Cal. Ins. Code § 11600
Capital Requirements of Reserve Basis Insurers
Amended by Stats. 1981, Ch. 714, Sec. 275.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.