California Insurance Code 948 – Whenever an insurer has deposited with the commissioner the requisite …
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Whenever an insurer has deposited with the commissioner the requisite security, in conformity with the requirements of this article, the commissioner shall issue to such insurer, under his official seal, a certificate of such deposit for each State or country requiring such certificate. Such certificate shall state the items and amount of securities so deposited, and their value.
(Enacted by Stats. 1935, Ch. 145.)
Terms Used In California Insurance Code 948
- 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