Section 953 Of Article 11. Deposit Of Securities From California Insurance Code >> Division 1. >> Part 2. >> Chapter 1. >> Article 11.
953
. Whenever a domestic insurer deposits securities with an
officer of this State, in order to enable it to do business in
another State pursuant to the laws of such other State, if such
insurer thereafter ceases to do business in such other State and
files conclusive evidence that all policies written in such other
State have expired or been paid, canceled or reinsured, the
securities shall on demand be returned to the depositing insurer.