Cal. INS § 11695
This is the official text of Cal. INS § 11695, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
Where an admitted insurer has voluntarily ceased to do in this state the business for which a deposit is required pursuant to Section 11691, the deposit shall be fixed by the commissioner at the amount that he or she deems sufficient for the protection of the beneficiaries of the policies of that insurer.
Status: in_force · Read it on the official government site
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