Section 1589 Of Article 2. Alien Insurers From California Insurance Code >> Division 1. >> Part 2. >> Chapter 4. >> Article 2.
1589
. Whenever such a deposit is made with the commissioner, he
shall issue to the depositing insurer a certificate under his
official seal stating the items and amount of securities so
deposited, and their value, to the best of his knowledge. In case of
withdrawal and substitution, he shall issue a supplemental
certificate of similar nature.
The commissioner shall require the payment of fifty dollars ($50)
in lawful money of the United States in advance as a fee for issuing
the first such certificate provided for in this article to each
insurer, and twenty-five dollars ($25) for each additional
certificate or each supplemental certificate evidencing any
withdrawal, substitution, or other change in the securities
deposited. There shall be no other or additional fee for attaching
the commissioner's seal to a securities deposit schedule in such
instances. The fees prescribed herein are separate from and not
cumulative upon those prescribed by Article 11 (commencing with
Section 939), Chapter 1, Part 2, Division 1 of this code.