Section 3701.3 Of Article 1. Insurance And Security From California Labor Code >> Division 4. >> Part 1. >> Chapter 4. >> Article 1.
3701.3
. The director shall return to a private self-insured
employer all individual security determined, with the consent of the
Self-Insurers' Security Fund, to be in excess of that needed to
ensure the administration of the employer's self insuring, including
legal fees, and the payment of any future claims. This section shall
not apply to any security posted as part of the composite deposit, or
to any security turned over to the Self-Insurers' Security Fund
following an order of default under Section 3701.5.