Cal. Ins. Code § 12920

Current through the 2023 Legislative Session.
Section 12920 - Sufficiency and validity of securities

The commissioner shall determine the sufficiency and validity of all securities required to be given by persons engaged, or to be engaged, in insurance business, and shall cause such security to be supplemented or renewed in case of the insufficiency or invalidity thereof.

Ca. Ins. Code § 12920

Enacted by Stats. 1935, Ch. 145.