§ 10458
48 words·~1 min read·
/ca/insurance-code/10458A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Such insurer may at any time withdraw any excess of such securities above the required amount upon satisfying the commissioner by written proof that such excess exists. It may receive the interest on all securities deposited, and exchange such securities by substituting other securities of the required character.