California Statutes
§ 12055. — 12055. (Added by Stats. 1963, Ch. 19.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 4. PART 4. MISCELLANEOUS CASUALTY INSURANCES·Ch. 1. CHAPTER 1. Surety Insurers on Reserve Basis; Capital Requirements and Permitted Insurances·Art. 1. ARTICLE 1. Capital and Scope of Business
An insurer admitted in the State to transact credit insurance may also acquire and dispose of debts so insured and collect any debts owed to such insurer or to any person so insured by it. In performing any such act the credit insurer shall be under the jurisdiction of the Insurance Commissioner.
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California § 12055. (12055. (Added by Stats. 1963, Ch. 19.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1963, Ch. 19.