Insurance Code section 956

An account or accounts in one or more banks or savings and loan associations the accounts of which are insured by an agency or instrumentality of the federal government shall be accepted as securities comprising any part of any deposit made with the commissioner.

Source: Section 956, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=956. (updated Jan. 1, 1971; accessed Jul. 13, 2026).

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Up to date

Verified:
Jul. 13, 2026

§ 956's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_956

Original Source: Section 956, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=956. (last accessed May 12, 2025).