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Section 6203 Of Article 5. Indemnity Bonds From California Financial Code >> Division 2. >> Chapter 3. >> Article 5.
6203
. (a) The amounts and form of indemnity bonds and sufficiency
of the surety shall be approved by the board of directors and by the
commissioner.
(b) In lieu of individual bonds, a blanket bond, protecting the association from loss through any act or acts of any director, officer, employee or agent, may be obtained.
(c) A true copy of every indemnity bond shall be on file at all times at the association's home office.
(b) In lieu of individual bonds, a blanket bond, protecting the association from loss through any act or acts of any director, officer, employee or agent, may be obtained.
(c) A true copy of every indemnity bond shall be on file at all times at the association's home office.
