When funds other than those which have accrued from premiums or deposits of subscribers are supplied to make up a deficiency as provided in Section 38-17-100, they must be deposited and held for the benefit of subscribers under any terms and conditions the director or his designee may require as long as a deficiency exists and thereafter returned to the depositors.

HISTORY: Former 1976 Code SECTION 38-17-120 [1962 Code SECTION 37-573; 1972 (57) 2776] recodified as SECTION 38-29-120 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-45-120 [1947 (45) 322; 1952 Code SECTION 37-812; 1962 Code SECTION 37-812] recodified as SECTION 38-17-120 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 547.