California § 1200. 1200. (Amended by Stats. 1943, Ch. 872.)

California Statutes

§ 1200. — 1200. (Amended by Stats. 1943, Ch. 872.)

California § 1200.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE

Part 2.PART 2. THE BUSINESS OF INSURANCE

Ch. 2.CHAPTER 2. Incorporated Insurers

Art. 4.ARTICLE 4. Property Authorized for Excess Funds Investments

This text of California § 1200. (1200. (Amended by Stats. 1943, Ch. 872.)) 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 § 1200. (2026).

Text

An excess funds investment shall not be made unless authorized or approved by the directors of the investor or by a committee thereof charged with the duty of supervising or making such investment. Such authorization or approval shall be entered upon the records or minutes of the investor and, if made upon authority of such a committee a report shall be submitted to the directors at their next meeting.

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An excess funds investment shall not be made unless authorized or approved by the directors of the investor or by a committee thereof charged with the duty of supervising or making such investment. Such authorization or approval shall be entered upon the records or minutes of the investor and, if made upon authority of such a committee a report shall be submitted to the directors at their next meeting.

Legislative History

Amended by Stats. 1943, Ch. 872.

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California § 1200., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1200..