US lawCaliforniaStatutesCode insDivision 2Part 1Chapter 4Article 74070Cal. INS § 4070Cal. INS § 4070Last amended: 1963Year: 2025Length: 31 wordsOfficial source Such an insurer is insolvent if its surplus becomes less than the amount of paid-in capital required of a capital stock company to qualify to transact the same classes of insurance.