Each company registered under the provisions of this chapter shall maintain a bond
executed by an admitted surety insurer in the amount of twelve thousand five hundred dollars ($12,500).Another method of deposit, including a certificate of deposit, or other undertaking
shall not satisfy this requirement.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.