California § 953 - Whenever a domestic insurer deposits securities with an officer of this State, in
Full text of California Public Contract Code - PCC § 953 — Whenever a domestic insurer deposits securities with an officer of this State, in, with citation guidance and answers to common questions.
§ 953. Whenever a domestic insurer deposits securities with an officer of this State, in
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.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 953
What does Public Contract Code - PCC § 953 cover?
Section 953 ("Whenever a domestic insurer deposits securities with an officer of this State, in") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 953?
A common citation format is "Public Contract Code - PCC § 953" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 953 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.