California § 12092 - Whenever such an insurer fails to maintain the financial condition required by se
Full text of California Public Contract Code - PCC § 12092 — Whenever such an insurer fails to maintain the financial condition required by se, with citation guidance and answers to common questions.
§ 12092. Whenever such an insurer fails to maintain the financial condition required by se
Whenever such an insurer fails to maintain the financial condition required by section 12091, the commissioner shall require the deficiency to be made up in sixty days. If it is not made up as required, he shall issue a certificate showing the extent of such deficiency. He shall publish the certificate once a week for three weeks, in a daily San Francisco paper. From the time of first publication until such deficiency is made up, the insurer shall not do business in this State.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12092
What does Public Contract Code - PCC § 12092 cover?
Section 12092 ("Whenever such an insurer fails to maintain the financial condition required by se") 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 § 12092?
A common citation format is "Public Contract Code - PCC § 12092" (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 § 12092 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.