California § 12371 - The title insurance surplus fund shall be maintained as a further security to hol
Full text of California Public Contract Code - PCC § 12371 — The title insurance surplus fund shall be maintained as a further security to hol, with citation guidance and answers to common questions.
§ 12371. The title insurance surplus fund shall be maintained as a further security to hol
The title insurance surplus fund shall be maintained as a further security to holders and beneficiaries of the title policies issued by the insurer. If all or any part of the fund shall at any time be in excess of the amount required by Section 12370, such excess may be transferred by the insurer to its general assets. If at any time the fund is impaired by reason of a loss, the amount by which it is impaired shall be restored in the manner provided for its accumulation. The reporting of a loss is an impairment of such fund for the purposes of this section.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 12371
What does Public Contract Code - PCC § 12371 cover?
Section 12371 ("The title insurance surplus fund shall be maintained as a further security to hol") 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 § 12371?
A common citation format is "Public Contract Code - PCC § 12371" (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 § 12371 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.