California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 7. HOME PROTECTION |
Chapter 2. Fiscal Requirements |
Section 12755.
Latest version.
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A home protection company shall be deemed insolvent whenever its net worth is reduced below 50 percent of the amount required by Section 12750.
(Added by Stats. 1981, Ch. 820, Sec. 8.)