§ 12920
43 words·~1 min read·
/ca/insurance-code/12920A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commissioner shall determine the sufficiency and validity of all securities required to be given by persons engaged, or to be engaged, in insurance business, and shall cause such security to be supplemented or renewed in case of the insufficiency or invalidity thereof.