California Statutes

§ 1221. — 1221. (Enacted by Stats. 1935, Ch. 145.)

California § 1221.
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. 5.ARTICLE 5. Life Insurance Policies

This text of California § 1221. (1221. (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 § 1221. (2026).

Text

The amount thus loaned by an insurer upon its own policies shall be credited to the insurer in determining the amount of deposit required to comply with the provisions of Article 2, Chapter 5, Part 2, Division 2. Such loans shall be deducted from the net value of the registered policies.

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Legislative History

Enacted by Stats. 1935, Ch. 145.
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California § 1221., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1221..