Cal. Ins. Code § 4051

Current through the 2023 Legislative Session.

Section 4051 - Insurer's total surplus less than aggregate of contributing surplus remaining unpaid by insurer

A dividend otherwise proper may be payable out of such savings, earnings, and gains even though the insurer's total surplus is then less than the aggregate of contributed surplus remaining unpaid by the insurer.

Ca. Ins. Code § 4051

Added by Stats. 1963, Ch. 1772.