Ins. Code, § 1063.78 · Article 14.26. California Insurance Guarantee Association Bond Funds
Ins. Code, § 1063.78
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
If the board requests the California Infrastructure and Economic Development Bank to issue bonds pursuant to Section 1063.70, the board shall report all of the following to the Assembly Committee on Insurance and the Senate Committee on Insurance within 60 days of the request, and annually thereafter while the bonds remain outstanding:
(a) The amount of the bonds requested.
(b) The reason for the requested bonds.
(c) Details of covered claims obligations requiring the issuance of bonds.
(d) Planned bond repayment assessments.
Notes and commentary — not statutory text
History
Added by Stats. 2022, Ch. 408, Sec. 15. (AB 2154) Effective January 1, 2023.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1063.78.
- Text hash
- sha256 7b690305ba56d067b22a3d703ff1ae502ee378ada978f6d9375aadf4d59f3aba
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.