§ 939 Except as otherwise expressly provided, all deposits of securities …
§ 940 The commissioner shall accept and hold securities in trust for the …
§ 940.1 The commissioner shall require the payment of fifty-eight dollars …
§ 941 Such deposited securities shall not be estimated above their par …
§ 942 The commissioner shall permit a deposit of those securities in the …
§ 943 So long as the insurer continues solvent the commissioner shall …
§ 944 Securities deposited under the provisions of this article shall not …
§ 945 If the deposit is of mortgages, it shall be accompanied either by …
§ 946 If the deposit is of stocks or bonds, it shall be accompanied by the …
§ 948 Whenever an insurer has deposited with the commissioner the requisite …
§ 949 The commissioner shall require the payment of seventy-two dollars …
§ 950 Whenever such a depositing insurer has paid, canceled, or reinsured …
§ 951 Pending such examination the securities requested to be withdrawn may …
§ 952 Whenever the laws of any other state or country, by reason of which …
§ 953 Whenever a domestic insurer deposits securities with an officer of …
§ 954 The commissioner shall make an annual examination of the securities …
§ 955 All appraisal fees collected by the commissioner under the provisions …
§ 956 An account or accounts in one or more banks or savings and loan …

Terms Used In California Codes > Insurance Code > Division 1 > Part 2 > Chapter 1 > Article 11

  • Appraisal: A determination of property value.
  • Bonds: means any bonds, notes, certificates of indebtedness or other evidences of indebtedness issued after January 1, 1989, by a public body which is authorized to issue bonds, notes, certificates of indebtedness or other evidence of indebtedness. See California Insurance Code 949
  • City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Education Code 19429
  • Commissioner: means the Insurance Commissioner of this State. See California Education Code 25022.5
  • Conduit financing: means the issuance of conduit revenue bonds. See California Insurance Code 955
  • Conduit financing provider: means any county, city, city and county, public district, public authority, public corporation, nonprofit corporation, joint powers authority, or other statutorily constituted public entity that issues one or more conduit revenue bonds. See California Insurance Code 955
  • 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.
  • County: includes city and county. See California Education Code 19428
  • Domestic: means organized under the laws of this State, whether or not admitted. See California Education Code 32031
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreign: means not organized under the laws of this State, whether or not admitted. See California Education Code 32032
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Governing body: means the governing board, commission, city council, board of supervisors, board of directors or similar multimember body which exercises authority over a public body. See California Insurance Code 949
  • issuer: means a nonprofit corporation, a joint powers authority or a parking authority. See California Insurance Code 941
  • joint powers authority: means any entity defined in Section 6542. See California Insurance Code 940
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Oath: includes affirmation. See California Education Code 25020
  • parking authority: means any entity created pursuant to Division 18 (commencing with Section 31500) of the Streets and Highways Code. See California Insurance Code 940.1
  • Personal property: All property that is not real property.
  • public body: means any county, city and county, city, municipal corporation, political subdivision, public district, public corporation or public authority, or any agency of any thereof, but does not include the federal government or any federal department or agency, this state, an adjoining state or any state department or agency. See California Insurance Code 942
  • Public body: means the county, city, city and county, public district, public authority, public corporation, nonprofit corporation or other statutorily constituted public entity which is authorized to issue bonds. See California Insurance Code 949
  • public leaseback: means any lease by a public body of all or any part of a public project where the lease is between such public body as lessee and an issuer as lessor and the lease is executed before the public project is acquired, constructed or completed. See California Insurance Code 945
  • public project: means any land, structure, facility or equipment or other personal property, the acquisition, construction or completion of which is to be financed by securities of an issuer if any of the payments of principal of and interest on such securities is to be paid by such issuer from funds derived from rental or other payments which any one or more public bodies has agreed to pay to such issuer under a public leaseback. See California Insurance Code 944
  • securities: means any bonds, notes, warrants or other evidences of indebtedness and the interest coupons, if any, attached thereto, issued or proposed to be issued in an aggregate principal amount of five hundred thousand dollars ($500,000) or more by any issuer to finance a public project. See California Insurance Code 943
  • State: means the State of California, unless applied to the different parts of the United States. See California Education Code 32033
  • State: means the State of California, unless applied to the different parts of the United States. See California Education Code 19427
  • Subdivision: means a subdivision of the section in which the term occurs unless some other section is expressly mentioned. See California Education Code 19404