Aggregate number of documentsrecorded and documents filed in thepreceding calendar year in all countieswhere the company is licensed to transactbusiness | |||
Amount of required minimum net worth | Amount of bond or cash deposit | Number of documents | |
Less than 50,000 ........................ | $ 75,000 | $ 50,000 | |
50,000 to 100,000 ........................ | 120,000 | 50,000 | |
100,000 to 500,000 ........................ | 200,000 | 100,000 | |
500,000 to 1,000,000 ........................ | 300,000 | 100,000 | |
1,000,000 or more ........................ | 400,000 | 100,000 |
Ca. Ins. Code § 12389