Current through 131st (2023-2024) Legislature Chapter 684
Section 1251 - Authorized deposits of insurersThe following deposits of insurers when made through the superintendent shall be accepted and held in trust, subject to the provisions of this chapter: [1973, c. 585, §12(AMD).]
1. Deposits required under this Title for authority to transact insurance in this State. [1969, c. 132, §1(NEW).]
2. Deposits of domestic insurers when made pursuant to its charter; or pursuant to the laws of other states, provinces, and countries as requirement for authority to transact insurance in such state, province or country. [1969, c. 132, §1(NEW).]
3. Deposits in such additional amounts as are permitted to be made under section 1259. [1969, c. 132, §1(NEW).]
1969, c. 132, § 1 (NEW) . 1973, c. 585, § 12 (AMD) .