California Insurance Code 4020 – The affairs of every domestic mutual insurer shall be managed by a …
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The affairs of every domestic mutual insurer shall be managed by a board of directors consisting of not less than 5 directors nor more than 15 directors.
(Added by Stats. 1963, Ch. 1772.)
Terms Used In California Insurance Code 4020
- Domestic: means organized under the laws of this State, whether or not admitted. See California Insurance Code 26