California Insurance Code 12352 – If the deposit is made in this state, it shall first be approved by …
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If the deposit is made in this state, it shall first be approved by the commissioner who shall make a special deposit thereof in the State Treasury, for the purpose specified in Section 12350. The Treasurer shall give his or her receipt therefor, to the commissioner.
(Amended by Stats. 2011, Ch. 426, Sec. 12. (SB 712) Effective January 1, 2012.)
Terms Used In California Insurance Code 12352
- Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28