DecisionDepot
California legal research

California Insurance Code

§ 842

INS § 842Div. 1 · Part 2 · Ch. 1 · Art. 8

Statute text

View on leginfo.ca.gov
The commissioner may impose conditions requiring the deposit in escrow of securities and the impoundment of the proceeds from the sale thereof, limiting the expense in connection with the sale thereof, and otherwise requiring such method of dealing as he deems reasonable and either necessary or advisable to insure the disposition of the proceeds of such securities in the manner and for the purposes provided in the permit.

Legislative history

Enacted by Stats. 1935, Ch. 145.

Source: California Insurance Code § 842 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.