§ 1802.77
77 words·~1 min read·
/ca/insurance-code/1802-77A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the commissioner is satisfied from the application and the examination of the books and records of the applicant that the applicant has, in fact, complied with the representations made in his application, the commissioner shall deliver to the applicant the securities deposited; provided, however, the commissioner shall not deliver the securities to the applicant prior to the expiration of three years after the latest date on which a bond was issued or written by the applicant.