§ 1586
58 words·~1 min read·
/ca/insurance-code/1586A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Such deposit, if maintained in this State, shall be for the benefit and security of all the policyholders and creditors of such alien insurer in the United States, and if maintained in another State, for the benefit and security of all the policyholders, or of all the policyholders and creditors, of such alien insurer in the United States.