California § 1194.95 - Excess funds investments may be made in an electronic computer or data processing
Full text of California Public Contract Code - PCC § 1194.95 — Excess funds investments may be made in an electronic computer or data processing, with citation guidance and answers to common questions.
§ 1194.95. Excess funds investments may be made in an electronic computer or data processing
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.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1194.95
What does Public Contract Code - PCC § 1194.95 cover?
Section 1194.95 ("Excess funds investments may be made in an electronic computer or data processing") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1194.95?
A common citation format is "Public Contract Code - PCC § 1194.95" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1194.95 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.