California Financial Code 6202 – No indemnity bond coverage is required of any agent that is a …
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No indemnity bond coverage is required of any agent that is a financial institution insured by the Federal Deposit Insurance Corporation.
(Amended by Stats. 1990, Ch. 1118, Sec. 30.)
Terms Used In California Financial Code 6202
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.