Code Section Group

Insurance Code - INS

DIVISION 2. CLASSES OF INSURANCE [1880 - 12880.5]

  ( Division 2 enacted by Stats. 1935, Ch. 145. )

PART 1. FIRE AND MARINE INSURANCE [1880 - 10108.1]

  ( Part 1 enacted by Stats. 1935, Ch. 145. )

CHAPTER 4. General Mutual Insurers [4010 - 4097.20]

  ( Chapter 4 added by Stats. 1963, Ch. 1772. )

ARTICLE 7. Insolvency [4070- 4070.]
  ( Article 7 added by Stats. 1963, Ch. 1772. )

4070.
  

Such an insurer is insolvent if its surplus becomes less than the amount of paid-in capital required of a capital stock company to qualify to transact the same classes of insurance.

(Added by Stats. 1963, Ch. 1772.)

INSInsurance Code - INS7