Cal. Ins. Code § 1586

Current through the 2023 Legislative Session.

Section 1586 - Benefit and security of policyholders

Such deposit, if maintained in this State, shall be for the benefit and security of all the policyholders and creditors of such alien insurer in the United States, and if maintained in another State, for the benefit and security of all the policyholders, or of all the policyholders and creditors, of such alien insurer in the United States.

Ca. Ins. Code § 1586

Repealed and added by Stats. 1941, Ch. 51.