California Code of Regulations
Title 10 - Investment
Chapter 1 - Commissioner of Business Oversight, Division of Financial Institutions
Subchapter 80 - Money Transmission
Article 9 - Reports
Subarticle 4 - Special Reports
Section 80.8303 - Fidelity Bond
Whenever the coverage provided by a fidelity bond covering directors, officers, or employees of a licensee is reduced (including any reduction in the scope of coverage with respect to persons or acts covered or any reduction in policy limits) upon the initiative of the surety or insurer or whenever any such bond is terminated, such licensee shall, within 10 business days, file with the Commissioner a report describing the circumstances.
1. Change without regulatory effect amending section filed 8-19-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 34).
Note: Authority cited: Section 33202, Financial Code. Reference: Sections 33221 and 33902, Financial Code.