California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 2. THE BUSINESS OF INSURANCE |
Chapter 2. Incorporated Insurers |
ARTICLE 4. Property Authorized for Excess Funds Investments |
Section 1191.
Latest version.
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Excess funds investments may be made in the stock of any corporation organized and carrying on business under the laws of this or any other state, or of the United States, or of the District of Columbia, or of the Dominion of Canada or of any province of the Dominion of Canada.
(Amended by Stats. 1951, Ch. 567.)