Cal. Ins. Code § 10458

Current through the 2023 Legislative Session.
Section 10458 - Withdrawal of excess of securities

Such insurer may at any time withdraw any excess of such securities above the required amount upon satisfying the commissioner by written proof that such excess exists. It may receive the interest on all securities deposited, and exchange such securities by substituting other securities of the required character.

Ca. Ins. Code § 10458

Enacted by Stats. 1935, Ch. 145.