California Insurance Code

§ 11695

INS § 11695 Effective Jan 1, 2003Div. 2 · Part 3 · Ch. 3 · Art. 1

Statute text

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.

Legislative history

Repealed and added by Stats. 2002, Ch. 899, Sec. 2. Effective January 1, 2003.