California § 10459. 10459. (Enacted by Stats. 1935, Ch. 145.)

California Statutes

§ 10459. — 10459. (Enacted by Stats. 1935, Ch. 145.)

California § 10459.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 2.DIVISION 2. CLASSES OF INSURANCE

Part 2.PART 2. LIFE AND DISABILITY INSURANCE

Ch. 5.CHAPTER 5. General Regulation of Life Insurers

Art. 2.ARTICLE 2. Registration of Life Policies

This text of California § 10459. (10459. (Enacted by Stats. 1935, Ch. 145.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Insurance Code - INS Code § 10459. (2026).

Text

If such insurer owns the building in which it has its principal office and the land upon which it stands, or if it owns other real property located in this State and requisite for its accommodation in the convenient transaction of its business, it may, with the permission of the commissioner, mortgage such property to the commissioner for such sum, not exceeding the market value thereof, as he determines.

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If such insurer owns the building in which it has its principal office and the land upon which it stands, or if it owns other real property located in this State and requisite for its accommodation in the convenient transaction of its business, it may, with the permission of the commissioner, mortgage such property to the commissioner for such sum, not exceeding the market value thereof, as he determines.

Legislative History

Enacted by Stats. 1935, Ch. 145.

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California § 10459., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/10459..