Section 1586 Of Article 2. Alien Insurers From California Insurance Code >> Division 1. >> Part 2. >> Chapter 4. >> Article 2.

. Such deposit, if maintained in this State, shall be for the benefit and security of all the policyholders and creditors of such alien insurer in the United States, and if maintained in another State, for the benefit and security of all the policyholders, or of all the policyholders and creditors, of such alien insurer in the United States.