All amounts set aside in the unearned premium reserve of a title insurer shall be held either as cash on hand or shall be deposited or invested in those investments suitable for the investment of trust funds, as provided in Section 16040 of the Probate Code.
Cal. Ins. Code § 12383
Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense
Amended by Stats. 1999, Ch. 187, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.