BlackletterCalifornia law

Insurance Code § 10458

ARTICLE 2. Registration of Life Policies

Current as of September 28, 2026Ins. Code, § 10458Official source ↗

Enacted by Stats. 1935, Ch. 145.

Such insurer may at any time withdraw any excess of such securities above the required amount upon satisfying the commissioner by written proof that such excess exists. It may receive the interest on all securities deposited, and exchange such securities by substituting other securities of the required character.