California Insurance Code 12354 – As long as the depositing insurer continues solvent, it shall receive …
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As long as the depositing insurer continues solvent, it shall receive the interest and dividends on any assets in the deposit.
(Enacted by Stats. 1935, Ch. 145.)
Terms Used In California Insurance Code 12354
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.