California Code of Regulations
Title 13 - Motor Vehicles
Division 1 - Department of Motor Vehicles
Chapter 1 - Department of Motor Vehicles
Article 2.3 - Financial Responsibility
CERTIFICATES OF SELF-INSURANCE
Section 80.60 - Net Worth
Universal Citation: 13 CA Code of Regs 80.60
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
The audited financial statement shall reflect a net worth of not less than $2,200,000 on the date of application.
1. Change
without regulatory effect renumbering former section
100.60 to section 80.60 filed
7-19-93 pursuant to title 1, section
100, California Code of
Regulations (Register 93, No. 30).
2. Amendment of section and new
NOTE filed 6-26-2001; operative 7-26-2001 (Register 2001, No.
26).
Note: Authority cited: Section 1651, Vehicle Code. Reference: Sections 16053 and 16054.2, Vehicle Code; and Sections 700.01, 700.02 and 700.25, Insurance Code.
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