Government Code section 16617

The bond of an admitted surety insurer shall not be accepted as security for deposits unless it has been certified by the Insurance Commissioner as meeting the requirements of this chapter and unless it also holds a certificate of authority from the United States Treasury Department under which it is eligible as surety on federal bonds.

Source: Section 16617, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16617. (accessed May 9, 2025).

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Last Updated

Apr. 24, 2025

§ 16617’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_16617

Original Source: Section 16617, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=16617. (last accessed Apr. 24, 2025).