Cal. Ins. Code § 12350

Current through the 2023 Legislative Session.
Section 12350 - Amount of guarantee fund deposited with commissioner

Every title insurer, before issuing any policy, shall deposit $100,000 with the Insurance Commissioner or other designated official of its home State as a "guarantee fund" for the security and protection of the holders of, or beneficiaries under, its title policies.

Ca. Ins. Code § 12350

Amended by Stats. 1935, Ch. 292.