Cal. Insurance Code § 821
Cal. Insurance Code § 821
California · California Insurance Code · Status: effective
Cite this
- Citation
- Cal. Insurance Code § 821, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877592
- Permanent ID
ys:prov:877592@1- SHA-256
6d36bb799251b6790fecaff4709878eb64e725c8fe6901a706442afde83e0943
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
“Security” means every instrument commonly known by that term, except:
(a) Commercial paper when issued, given or acquired in a bona fide way in the ordinary course of legitimate business, trade or commerce.
(b) Promissory notes, whether secured or unsecured, if not offered to the public, and if not sold to an underwriter of the sale for the purpose of resale.
(c) Mortgage participation certificates issued under and in accordance with the provisions of Chapter 2, Part 6, Division 2.
(d) Policies of insurance issued by an insurer.