Insurance Code section 10458

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.

Source: Section 10458, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=10458.­ (updated Jan. 1, 1935; accessed Jun. 9, 2025).

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Verified:
Jun. 9, 2025

§ 10458’s source at ca​.gov