A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section 12750.
Cal. Ins. Code § 12755
Fiscal Requirements
Added by Stats. 1981, Ch. 820, Sec. 8.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.