Earlier editions: 2020-112018-11
DIVISION 2. CLASSES OF INSURANCE 1880-12880.8›PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE 11550-11895›CHAPTER 3. Regulation of Business of Workers’ Compensation Insurance 11690-11761›ARTICLE 1. Deposits by Workers’ Compensation Insurers 11690-11703
§ 11695
California Insurance Code · 2026 edition · updated 2026-10-04 · California
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.
(Repealed and added by Stats. 2002, Ch. 899, Sec. 2. Effective January 1, 2003.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code