Statute · California Insurance Code
Cal. Ins. Code § 956 — Deposit of Securities
Cal. Ins. Code § 956
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An account or accounts in one or more banks or savings and loan associations the accounts of which are insured by an agency or instrumentality of the federal government shall be accepted as securities comprising any part of any deposit made with the commissioner.
Citator
Cal. Ins. Code § 956 — Deposit of Securities is in force in the current edition of the Code, and nothing recorded condemns it.
An account or accounts in one or more banks or savings and loan associations the accounts of which are insured by an agency or instrumentality of the federal government shall be accepted as securities comprising any part of any deposit made with the commissioner.