Section 8693.

Latest version.

In lieu of the insurance policy specified in this article an applicant for a company registration may file with the board a bond executed by an admitted surety insurer in the penalty of twenty-five thousand dollars ($25,000) with the State of California as obligee.

(Amended by Stats. 1985, Ch. 1348, Sec. 88. Operative January 1, 1986, by Sec. 97(a) of Ch. 1348.)

                    
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