Any such insurer which on July 26, 1919, was authorized by its charter to transact liability insurance may transact workers’ compensation and common carrier liability insurance as though expressly permitted by its charter to do so.
Cal. Ins. Code § 11602
Capital Requirements of Reserve Basis Insurers
Amended by Stats. 1981, Ch. 714, Sec. 276.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.