Statute · California Insurance Code

Cal. Ins. Code § 11698.1 — Deposits by Workers’ Compensation Insurers

Cal. Ins. Code § 11698.1

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

From time to time and in any event at or prior to the time of the filing of his or her petition for discharge as receiver, the commissioner shall do the following:

Citator

Cal. Ins. Code § 11698.1 — Deposits by Workers’ Compensation Insurers is in force in the current edition of the Code, and nothing recorded condemns it.

From time to time and in any event at or prior to the time of the filing of his or her petition for discharge as receiver, the commissioner shall do the following:

(a) File with the Workers’ Compensation Appeals Board an accounting of all trust funds received and used from the proceeds of the deposit required pursuant to Section 11691.

(b) File with the court an accounting of all funds received and used as expenses from the general funds of the insurer.