California Insurance Code 150 – Any person capable of making a contract may be an insurer, subject to …
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Any person capable of making a contract may be an insurer, subject to the restrictions imposed by this code.
(Enacted by Stats. 1935, Ch. 145.)
Terms Used In California Insurance Code 150
- Contract: A legal written agreement that becomes binding when signed.
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19