California § 12382.3. 12382.3. (Added by Stats. 1965, Ch. 272.)

California Statutes

§ 12382.3. — 12382.3. (Added by Stats. 1965, Ch. 272.)

California § 12382.3.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 2.DIVISION 2. CLASSES OF INSURANCE

Part 6.PART 6. INSURANCE COVERING LAND

Ch. 1.CHAPTER 1. Title Insurance

Art. 3.5.ARTICLE 3.5. Unearned Premium Reserve and Reserve for Unpaid Losses and Loss Expense

This text of California § 12382.3. (12382.3. (Added by Stats. 1965, Ch. 272.)) 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 § 12382.3. (2026).

Text

The aggregate amount set aside in the unearned premium reserve shall be separately recorded and reserved in respect to such policies and contracts issued in each calendar year. All amounts set aside as additions to the unearned premium reserve, to the extent that the same have not previously been deducted from net profits or earned surplus, shall be deducted in determining net profits of any title insurer.

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The aggregate amount set aside in the unearned premium reserve shall be separately recorded and reserved in respect to such policies and contracts issued in each calendar year. All amounts set aside as additions to the unearned premium reserve, to the extent that the same have not previously been deducted from net profits or earned surplus, shall be deducted in determining net profits of any title insurer.