Cal. Ins. Code § 956

Current through the 2023 Legislative Session.

Section 956 - Accounts of banks or savings and loan associations accepted as securities

An account or accounts in one or more banks or savings and loan associations the accounts of which are insured by an agency or instrumentality of the federal government shall be accepted as securities comprising any part of any deposit made with the commissioner.

Ca. Ins. Code § 956

Amended by Stats. 1971, Ch. 681.