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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.