Cal. Insurance Code § 11695

California · California Insurance Code · Status: effective · Effective 2003-01-01

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Citation: Cal. Insurance Code § 11695, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880982
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Where an admitted insurer has voluntarily ceased to do in this state the business for which a deposit is required pursuant to Section 11691, the deposit shall be fixed by the commissioner at the amount that he or she deems sufficient for the protection of the beneficiaries of the policies of that insurer.