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California Insurance Code

§ 956

INS § 956Div. 1 · Part 2 · Ch. 1 · Art. 11

Statute text

View on leginfo.ca.gov
An account or accounts in one or more banks or savings and loan associations the accounts of which are insured by an agency or instrumentality of the federal government shall be accepted as securities comprising any part of any deposit made with the commissioner.

Legislative history

Amended by Stats. 1971, Ch. 681.

Source: California Insurance Code § 956 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.