California Insurance Code 4062 – A foreign or alien mutual insurer may issue nonassessable policies to …
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A foreign or alien mutual insurer may issue nonassessable policies to its members in this State pursuant to its charter and the laws of its domicile.
(Added by Stats. 1963, Ch. 1772.)
Terms Used In California Insurance Code 4062
- Foreign: means not organized under the laws of this State, whether or not admitted. See California Insurance Code 27
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28