Cal. INS § 11790
This is the official text of Cal. INS § 11790, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
All securities belonging to the fund shall be delivered to the State Treasurer and held by him or her until otherwise disposed of as provided in this chapter. Upon delivery of those securities into the custody of the State Treasurer, the securities shall be credited by the State Treasurer to the fund.
Status: in_force · Read it on the official government site
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