California Insurance Code 1593 – The excess of the sum of those items in such statement, which are …
Current as of: 2024 | Check for updates
|
Other versions
The excess of the sum of those items in such statement, which are described in subdivision (a), (b), (c) and (d) of Section 1591, over the liabilities in the United States of such alien insurer is designated the “trusteed surplus in the United States” of such alien insurer.
(Added by Stats. 1941, Ch. 51.)
Terms Used In California Insurance Code 1593
- alien insurer: means a foreign insurer organized under the laws of any jurisdiction other than a State of the United States. See California Insurance Code 1580
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.