California § 12375 - Whenever a title insurer, upon withdrawing from insurance business in this State,

Full text of California Public Contract Code - PCC § 12375 — Whenever a title insurer, upon withdrawing from insurance business in this State,, with citation guidance and answers to common questions.

§ 12375. Whenever a title insurer, upon withdrawing from insurance business in this State,

Whenever a title insurer, upon withdrawing from insurance business in this State, desires to reinsure its policies with a title insurer whose “title insurance surplus fund” is not fully made up, the commissioner may require the reinsurer to increase its “title insurance surplus fund.” The amount of increase shall not be greater than the amount in the withdrawing insurer’s “title insurance surplus fund” nor greater than will fully make up the reinsurer’s title insurance surplus fund. Such increase may be made a condition of the commissioner’s approval of the reinsurance plan.

Source: official California text · Last verified 2026-08-27

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Frequently Asked Questions About California § 12375

What does Public Contract Code - PCC § 12375 cover?

Section 12375 ("Whenever a title insurer, upon withdrawing from insurance business in this State,") 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 § 12375?

A common citation format is "Public Contract Code - PCC § 12375" (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 § 12375 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.