Home/California/Statutes/Code INS: Insurance Code - INS/Div. 1.: DIVISION 1. GENERAL RULES GOVERNING INSURANCE/Part 2.: PART 2. THE BUSINESS OF INSURANCE/Ch. 1.: CHAPTER 1. General Regulations/Art. 11.: ARTICLE 11. Deposit of Securities/§ 942.
California Statutes

§ 942. — 942. (Amended by Stats. 2009, Ch. 234, Sec. 6.)

California § 942.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE
Part 2.PART 2. THE BUSINESS OF INSURANCE
Ch. 1.CHAPTER 1. General Regulations
Art. 11.ARTICLE 11. Deposit of Securities

This text of California § 942. (942. (Amended by Stats. 2009, Ch. 234, Sec. 6.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 942. (2026).

Text

The commissioner shall permit a deposit of those securities in the State Treasury, subject to the provisions of Section 11691, if applicable. The securities deposited with the Treasurer shall be maintained in electronic book entry or certificate form as security for policyholders or policyholders and creditors of the insurer to whom they respectively belong. The state is responsible for the custody and safe return of any money or securities so deposited. The Treasurer shall deposit these moneys under the provisions of Sections 16370 and 16375 of the Government Code.

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Legislative History

Amended by Stats. 2009, Ch. 234, Sec. 6. (AB 299) Effective January 1, 2010.
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California § 942., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/942..