§ 17340
42 words·~1 min read·
/ca/financial-code/17340A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the event the board of directors of Fidelity Corporation deem it necessary and prudent to raise additional moneys for payment of claims or expenses of administration, it may, with the commissioner’s written consent, borrow money against its assets, including future assessments.