Cal. INS § 1063.78
This is the official text of Cal. INS § 1063.78, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Official statutory text
If the board requests the California Infrastructure and Economic Development Bank to issue bonds pursuant to Section 1063.70, the board shall report all of the following to the Assembly Committee on Insurance and the Senate Committee on Insurance within 60 days of the request, and annually thereafter while the bonds remain outstanding:
(a) The amount of the bonds requested.
(b) The reason for the requested bonds.
(c) Details of covered claims obligations requiring the issuance of bonds.
(d) Planned bond repayment assessments.
(a) The amount of the bonds requested.
(b) The reason for the requested bonds.
(c) Details of covered claims obligations requiring the issuance of bonds.
(d) Planned bond repayment assessments.
Status: in_force · Read it on the official government site
Need a lawyer in California?
Find a California lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.