California Statutes
§ 11440. — 11440. (Amended by Stats. 1982, Ch. 454, Sec. 115.)
California § 11440.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 11.CHAPTER 11. Change by Assessment Plan Insurer to Reserve Plan
Art. 2.ARTICLE 2. Capital Adjustments
This text of California § 11440. (11440. (Amended by Stats. 1982, Ch. 454, Sec. 115.)) 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 § 11440. (2026).
Text
Any insurer so reorganized shall have assets representing a paid-in capital represented by shares of stock apart from any assets described in Section 11441. At least two hundred thousand dollars ($200,000) of that capital shall be paid up before the insurer issues any policies on the reserve plan.
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Legislative History
Amended by Stats. 1982, Ch. 454, Sec. 115.
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California § 11440., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/11440..