Insurance Code § 12352
‹ § 12351§ 12353 ›Open in browserleginfo ↗12352.
If the deposit is made in this state, it shall first be approved by the commissioner who shall make a special deposit thereof in the State Treasury, for the purpose specified in Section 12350. The Treasurer shall give his or her receipt therefor, to the commissioner.
(Amended by Stats. 2011, Ch. 426, Sec. 12. (SB 712) Effective January 1, 2012.)