Cal. Insurance Code § 1194.95
Cal. Insurance Code § 1194.95
California · California Insurance Code · Status: effective
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- Citation
- Cal. Insurance Code § 1194.95, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/878056
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Full text
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.