Cal. INS § 1194.88
This is the official text of Cal. INS § 1194.88, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
Every admitted incorporated insurer may, for the protection or enhancement of the value of real property acquired under the provisions of Section 1194.86, use its funds in the manner as it shall deem proper to repair, alter, remodel, rehabilitate, demolish, purchase furnishings or other personal property for use in or otherwise to improve the real estate.
Status: in_force · Read it on the official government site
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