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California Insurance Code

§ 922

INS § 922Div. 1 · Part 2 · Ch. 1 · Art. 10
The guarantee by the Small Business Administrator that a surety shall not suffer loss as set forth in the Small Business Investment Act of 1958, as amended, shall for all purposes and requirements under this code be deemed a contract of reinsurance between such surety and an authorized or admitted reinsurer irrespective of whether or not such guarantee contains all the provisions required of other reinsurance contracts.

Legislative history

Added by Stats. 1973, Ch. 383.

Source: California Insurance Code § 922 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.