For the purpose of determining the amounts of the unearned premium reserve that may be withdrawn pursuant to Section 12382.5 and the interest of the policyholders therein under Section 12385, all policies and contracts of title insurance or reinsurance shall be considered as dated on July 1 of the year of issue.
Cal. Ins. Code § 12382.4
Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense
Added by Stats. 1965, Ch. 272.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.