Deposits of insurers

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  • The Commissioner of Finance shall accept, when made through the Commissioner of Insurance, deposits of securities or funds by insurers as follows:
    • (1) Deposits in amount as required to be made as prerequisite to a certificate of authority to transact insurance in this territory;

    • (2) Deposits of domestic, foreign or alien insurers in amount as required to be made by the laws of other jurisdictions as prerequisite for authority to transact insurance in such other jurisdictions; and

    • (3) Deposits in other additional amounts permitted to be made by this title.


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