Home/California/Statutes/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/§ 12055.
California Statutes

§ 12055. — 12055. (Added by Stats. 1963, Ch. 19.)

California § 12055.
JurisdictionCalifornia
Code INSInsurance 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

This text of California § 12055. (12055. (Added by Stats. 1963, Ch. 19.)) 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 § 12055. (2026).

Text

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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Legislative History

Added by Stats. 1963, Ch. 19.
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California § 12055., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/12055..