Section 12113 Of Article 5. Financial Guaranty Insurance From California Insurance Code >> Division 2. >> Part 4. >> Chapter 1. >> Article 5.
12113
. An admitted financial guaranty insurance corporation shall
keep copies of all relevant materials prepared by the insurer or used
in the initial underwriting or ongoing monitoring of insured risk;
all relevant documents pertaining to changes in the credit risk or
performance of the insured on the obligation, and all materials
pertaining to the examination of the condition of collateral, assets,
or other security; and any other materials requested by the
commissioner. All those materials shall be maintained for the entire
period during which the insurance is in force and shall be available
for examination upon request of the commissioner by the commissioner
or by any rating agency approved by the commissioner.