§ 11695
53 words·~1 min read·
/ca/insurance-code/11695A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.