Section 10510.
Cal. Insurance Code - INS § 10510.
in effectAn incorporated life insurer issuing policies on the reserve basis shall not transact life insurance in this state unless it has a paid-in capital of at least two million two hundred fifty thousand dollars ($2,250,000) plus the surplus required by Section 700.02 and Section 700.05.
References
referencesCal. Insurance Code - INS § 700.02.
referencesCal. Insurance Code - INS § 700.05.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026