Section 1194.95 Of Article 4. Property Authorized For Excess Funds Investments From California Insurance Code >> Division 1. >> Part 2. >> Chapter 2. >> Article 4.
1194.95
. 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.