Cal. INS § 1194.95

Cal. INS § 1194.95

Last amended: 1991Year: 2025Length: 64 wordsOfficial source
Excess funds investments may be made in an electronic computer or data processing machine or system to be used in connection with the business of the insurer; provided, however, that this machine or system shall have an original cost of at least two hundred fifty thousand dollars ($250,000) and shall be amortized in full over a period not to exceed four full calendar years.
Cal. INS § 1194.95 | Justis AI