Insurance Code section 11695

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.

Source: Section 11695, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=11695.­ (updated Jan. 1, 2003; accessed Jun. 16, 2025).

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§ 11695’s source at ca​.gov