Laws, Regulations & Annotations

I

530.0000 INSURANCE COMPANIES

Annotation 530.0050

530.0050 Personal Property Of Title Companies. To be eligible for the exemption of personal property to insurers by section 28 of article XIII of the California Constitution, a title company must establish to the satisfaction of the Department of Insurance that it is an insurance company claiming the exemption. The Department of Insurance maintains a listing of the names of insurance companies authorized to do business in California. The assessor does not have to make an independent determination, but may rely on the list maintained by the Department of Insurance. C 6/14/2001.