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California Code, Insurance Code - INS § 690

Current as of January 01, 2025 | Updated by Findlaw Staff

If any paid in capital of an insurer is, or is to be, represented by shares of stock, such insurer shall not be organized in this State or admitted to transact any class of insurance in this State, unless all of such shares, authorized or issued, have a specified par value.

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Cite this article: FindLaw.com - California Code, Insurance Code - INS § 690 - last updated January 01, 2025 | https://codes.findlaw.com/ca/insurance-code/ins-sect-690/

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