2016 California Code
Insurance Code - INS
DIVISION 3 - THE INSURANCE COMMISSIONER
CHAPTER 2 - Powers and Duties
ARTICLE 1 - Generally
Section 12920.

CA Ins Code § 12920 (2016) What's This?

12920. The commissioner shall determine the sufficiency and validity of all securities required to be given by persons engaged, or to be engaged, in insurance business, and shall cause such security to be supplemented or renewed in case of the insufficiency or invalidity thereof.

(Enacted by Stats. 1935, Ch. 145.)

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