Statute · California Insurance Code

Cal. Ins. Code § 12920 — Generally

Cal. Ins. Code § 12920

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

The commissioner shall determine the sufficiency and validity of all securities required to be given by persons engaged, or to be engaged, in insurance business, and shall cause such security to be supplemented or renewed in case of the insufficiency or invalidity thereof.

Citator

Cal. Ins. Code § 12920 — Generally is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner shall determine the sufficiency and validity of all securities required to be given by persons engaged, or to be engaged, in insurance business, and shall cause such security to be supplemented or renewed in case of the insufficiency or invalidity thereof.