Section 12350 Of Article 2. Title Insurers; Capital And Guarantee Fund Requirements From California Insurance Code >> Division 2. >> Part 6. >> Chapter 1. >> Article 2.
12350
. Every title insurer, before issuing any policy, shall
deposit $100,000 with the Insurance Commissioner or other designated
official of its home State as a "guarantee fund" for the security and
protection of the holders of, or beneficiaries under, its title
policies.