Cal. INS § 12640.06

Cal. INS § 12640.06

Last amended: 1961Year: 2025Length: 30 wordsOfficial source
A mortgage guaranty insurer shall not declare any dividends except from undivided profits remaining on hand over and above the aggregate of its paid-in capital, paid-in surplus and contingency reserve.
Cal. INS § 12640.06 | Justis AI