California Statutes
§ 1589. — 1589. (Amended by Stats. 2017, Ch. 534, Sec. 31.)
California·Code INS Insurance Code - INS·Div. 1. DIVISION 1. GENERAL RULES GOVERNING INSURANCE·Part 2. PART 2. THE BUSINESS OF INSURANCE·Ch. 4. CHAPTER 4. Foreign Insurers·Art. 2. ARTICLE 2. Alien Insurers
Whenever a deposit is made with the commissioner, he or she shall issue to the depositing insurer a certificate under his or her official seal stating the items and amount of securities so deposited, and their value, to the best of his or her knowledge. In case of withdrawal and substitution, he or she shall issue a supplemental certificate of similar nature.
The commissioner shall require the payment of seventy-two dollars ($72), in advance, as a fee for issuing the first certificate provided for in this article to each insurer, and twenty-five dollars ($25) for each additional certificate or each supplemental certificate evidencing any withdrawal, substitution, or other change in the securities deposited. There shall be no other or additional fee for attaching the
commissioner’s se
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California § 1589. (1589. (Amended by Stats. 2017, Ch. 534, Sec. 31.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2017, Ch. 534, Sec. 31. (AB 1699) Effective January 1, 2018.