California Insurance Code 1140 – Except as otherwise provided in this code, incorporated insurers are …
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Except as otherwise provided in this code, incorporated insurers are subject to the provisions of the general corporation law in like manner with other corporations.
(Enacted by Stats. 1935, Ch. 145.)
Terms Used In California Insurance Code 1140
- 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.