BlackletterCalifornia law

Insurance Code § 10457

ARTICLE 2. Registration of Life Policies

Current as of September 28, 2026Ins. Code, § 10457Official source ↗

Amended by Stats. 1980, Ch. 676, Sec. 199.

Upon receipt of such securities, the commissioner shall immediately deposit them in the State Treasury in accordance with the provisions of Sections 940 to 946, inclusive, where they shall remain as a special security for the benefit of such registered policies.