Statutes, codes, and regulations
CALIFORNIA CODES
CALIFORNIA INSURANCE CODEDivision 2 - CLASSES OF INSURANCEPart 6 - INSURANCE COVERING LANDChapter 1 - TITLE INSURANCE
Article 3.5 - UNEARNED PREMIUM RESERVE AND RESERVE FOR UNPAID LOSSES AND LOSS EXPENSE
Section 12383 - Disposition of amounts set aside in reserve

Cal. Ins. Code § 12383

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Current through the 2024 Legislative Session.
Section 12383 - Disposition of amounts set aside in reserve

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.

Ca. Ins. Code § 12383

EFFECTIVE 1/1/2000. Amended July 26, 1999 (Bill Number: SB 641) (Chapter 187).