§ 5711. Deposit in lieu of bond.
50 words·~1 min read·
/de/title-18/chapter-57-reciprocal-insurers/5711·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In lieu of the bond required under § 5710 of this title, the attorney may maintain on deposit, through the office of the Commissioner, a like amount in cash or in value of securities qualified under this title as insurers’ investments and subject to the same conditions as the bond.