Statute · California Insurance Code

Cal. Ins. Code § 11695 — Deposits by Workers’ Compensation Insurers

Cal. Ins. Code § 11695

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2003-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Where an admitted insurer has voluntarily ceased to do in this state the business for which a deposit is required pursuant to Section 11691, the deposit shall be fixed by the commissioner at the amount that he or she deems sufficient for the protection of the beneficiaries of the policies of…

Citator

Cal. Ins. Code § 11695 — Deposits by Workers’ Compensation Insurers is in force in the current edition of the Code, and nothing recorded condemns it.

Where an admitted insurer has voluntarily ceased to do in this state the business for which a deposit is required pursuant to Section 11691, the deposit shall be fixed by the commissioner at the amount that he or she deems sufficient for the protection of the beneficiaries of the policies of that insurer.