Insurance Code § 1030

ARTICLE 14. Proceedings in Cases of Insolvency and Delinquency

Current as of September 28, 2026Ins. Code, § 1030Official source ↗

Amended by Stats. 1935, Ch. 291.

The value of the security to be credited upon such claim shall be determined by an appraiser appointed by the liquidator and approved by the court. Such claimant shall elect to accept the security or to release it to the liquidator.