§ 18512
38 words·~1 min read·
/ca/financial-code/18512A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commissioner may require Guaranty Corporation to obtain a bond, insurance, or reinsurance which provides additional protection against losses to its members’ thriftholders. The type, amount, and form of this protection is subject to the commissioner’s written approval.