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. 5.: ARTICLE 5. Financial Guaranty Insurance/§ 12101.
California Statutes

§ 12101. — 12101. (Repealed and added by Stats. 1990, Ch. 1032, Sec. 6.)

California § 12101.
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. 5.ARTICLE 5. Financial Guaranty Insurance

This text of California § 12101. (12101. (Repealed and added by Stats. 1990, Ch. 1032, Sec. 6.)) 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 § 12101. (2026).

Text

An insurer may be organized and admitted to transact financial guaranty insurance in the manner prescribed for stock property and casualty insurers by the laws of this state. Except as provided in Section 12118, an insurer shall be required to be licensed to transact financial guaranty insurance in California before it transacts that insurance in this state. An insurer shall become admitted to transact financial guaranty insurance upon making application and complying with all the requirements of the law.

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Legislative History

Repealed and added by Stats. 1990, Ch. 1032, Sec. 6.
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California § 12101., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/12101..