California Insurance Code 11757 – Nothing in this article shall be construed to prohibit or regulate …
Current as of: 2024 | Check for updates
|
Other versions
Nothing in this article shall be construed to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan or system.
(Added by Stats. 1951, Ch. 1123.)