California Insurance Code

§ 4070

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 4070Div. 2 · Part 1 · Ch. 4 · Art. 7

Statute text

View on leginfo.ca.gov

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.

Legislative history

Added by Stats. 1963, Ch. 1772.