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. 3.: ARTICLE 3. Special Restrictions on Business/§ 12092.
California Statutes

§ 12092. — 12092. (Enacted by Stats. 1935, Ch. 145.)

California § 12092.
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. 3.ARTICLE 3. Special Restrictions on Business

This text of California § 12092. (12092. (Enacted by Stats. 1935, Ch. 145.)) 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 § 12092. (2026).

Text

Whenever such an insurer fails to maintain the financial condition required by section 12091, the commissioner shall require the deficiency to be made up in sixty days. If it is not made up as required, he shall issue a certificate showing the extent of such deficiency. He shall publish the certificate once a week for three weeks, in a daily San Francisco paper. From the time of first publication until such deficiency is made up, the insurer shall not do business in this State.

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Legislative History

Enacted by Stats. 1935, Ch. 145.
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California § 12092., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/12092..