Cal. Ins. Code § 10454

Current through the 2023 Legislative Session.
Section 10454 - Special deposit of securities for benefit of registered policies

An insurer registering policies shall maintain a special deposit of securities with the commissioner for the benefit of such registered policies. Such securities shall be of the character specified in Articles 3, 4 and 6 of Chapter 2, Part 2, Division 1, or specified in sections 10459 and 10460.

Ca. Ins. Code § 10454

Enacted by Stats. 1935, Ch. 145.