DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 5. General Regulation of Life Insurers 10430-10509.946›ARTICLE 2. Registration of Life Policies 10450-10463
§ 10462
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
Should any insurer thus registering policies become insolvent, the commissioner may reinsure all or any part of such registered policies, using the securities thus deposited for that purpose.
(Enacted by Stats. 1935, Ch. 145.)
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