California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 9.5 - Workers' Compensation Insurance Deposits
Section 2509.16 - Approval by Commissioner of Depository Agreement
Universal Citation: 10 CA Code of Regs 2509.16
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
If an insurer elects to maintain the required deposit with a bank, savings and loan association or trust company, the written agreement with the insurer and the bank, savings and loan association or trust company, and the Commissioner shall be substantially in the form set forth in Section 2509.17 of these regulations and shall be filed with and approved by the Commissioner.
1. Change without regulatory effect amending NOTE filed 4-28-2014 pursuant to section 100, title 1, California Code of Regulations (Register 2014, No. 18).
Note: Authority cited: Section 11691, Insurance Code. Reference: Section 11691, Insurance Code.
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