§ 12352
46 words·~1 min read·
/ca/insurance-code/12352A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the deposit is made in this state, it shall first be approved by the commissioner who shall make a special deposit thereof in the State Treasury, for the purpose specified in Section 12350. The Treasurer shall give his or her receipt therefor, to the commissioner.