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Current as of January 01, 2025 | Updated by Findlaw Staff
The bond of an admitted surety insurer shall not be accepted as security for deposits unless it has been certified by the Insurance Commissioner as meeting the requirements of this chapter and unless it also holds a certificate of authority from the United States Treasury Department under which it is eligible as surety on federal bonds.
Cite this article: FindLaw.com - California Code, Government Code - GOV § 16617 - last updated January 01, 2025 | https://codes.findlaw.com/ca/government-code/gov-sect-16617/
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