California Insurance Code 11532.8 – All insurers mutualized under the provisions of this chapter shall be …
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All insurers mutualized under the provisions of this chapter shall be subject to all other applicable provisions of this code and to the provisions of the general corporation law as provided in Section 1140 of this code.
(Added by Stats. 1941, Ch. 379.)
Terms Used In California Insurance Code 11532.8
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.