California Insurance Code 12359 – A title insurer shall not transact any insurance in this state unless …
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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.)
Terms Used In California Insurance Code 12359
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28