Insurance Code § 10511

10511.

If authorized by its charter, such an incorporated life insurer may, except as provided in Section 700.03, transact, in addition to life insurance, any of the following classes of insurance if its total paid-in capital is at least two million two hundred fifty thousand dollars ($2,250,000) in excess of the sum of the amounts set forth opposite the classes of insurance transacted:

Number and name of class

Amount of capital

class transacted

to be added

6.Disability

250,000

8.Liability
9.Workers’
compensation
10.Common carrier
liability

⎫

⎪

⎬

⎪

⎭

300,000
for all or any
of them