Insurance Code - INS
DIVISION 2. CLASSES OF INSURANCE [1880 - 12880.6]
( Division 2 enacted by Stats. 1935, Ch. 145. ) PART 6. INSURANCE COVERING LAND [12340 - 12661]
( Part 6 enacted by Stats. 1935, Ch. 145. ) CHAPTER 1. Title Insurance [12340 - 12418.4]
( Chapter 1 enacted by Stats. 1935, Ch. 145. ) ARTICLE 2. Title Insurers; Capital and Guarantee Fund Requirements [12350 - 12360]
( Article 2 enacted by Stats. 1935, Ch. 145. ) 12359.
A title insurer shall not transact any insurance in this state unless it has paid-in capital represented by shares of stock of at least five hundred thousand dollars ($500,000).
(Amended by Stats. 1981, Ch. 479, Sec. 2.)