Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 5 - Insurance CommissionerSubchapter 3 - Insurers
Article 9.5 - Workers' Compensation Insurance Deposits
Section 2509.16 - Approval by Commissioner of Depository Agreement

Cal. Code Regs. tit. 10 § 2509.16

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Current through Register 2025 Notice Reg. No. 2, January 10, 2025
Section 2509.16 - Approval by Commissioner of Depository Agreement

If an insurer elects to maintain the required deposit with a bank, savings and loan association or trust company, the written agreement with the insurer and the bank, savings and loan association or trust company, and the Commissioner shall be substantially in the form set forth in Section 2509.17 of these regulations and shall be filed with and approved by the Commissioner.

Cal. Code Regs. Tit. 10, § 2509.16

1. Change without regulatory effect amending NOTE filed 4-28-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 18).

Note: Authority cited: Section 11691, Insurance Code. Reference: Section 11691, Insurance Code.

1. Change without regulatory effect amending Note filed 4-28-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 18).