California Statutes

§ 11443. — 11443. (Amended by Stats. 1982, Ch. 454, Sec. 116.)

California § 11443.
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 § 11443. (11443. (Amended by Stats. 1982, Ch. 454, Sec. 116.)) 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 § 11443. (2026).

Text

The fund required by Section 11442 shall be used for the payment of matured liabilities arising under the assessment plan when other assets applicable thereto are exhausted. It may be derived from the excess over two hundred thousand dollars ($200,000) of the paid-in capital of the insurer. It need be maintained only during the existence of conditions set forth in Section 11442.

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Legislative History

Amended by Stats. 1982, Ch. 454, Sec. 116.
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California § 11443., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/11443..