Statute · California Insurance Code

Cal. Ins. Code § 10442 — Regulation of Internal Affairs of Mutual Insurers

Cal. Ins. Code § 10442

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Except as otherwise provided in this article or in the other provisions of this code, the internal affairs of every domestic mutual insurer writing classes of insurance which include life or disability insurance shall be governed by Division 1 of Title 1 of the Corporations Code.

Citator

Cal. Ins. Code § 10442 — Regulation of Internal Affairs of Mutual Insurers is in force in the current edition of the Code, and nothing recorded condemns it.

Except as otherwise provided in this article or in the other provisions of this code, the internal affairs of every domestic mutual insurer writing classes of insurance which include life or disability insurance shall be governed by Division 1 of Title 1 of the Corporations Code.

For the purpose of applying the provisions of Division 1 of Title 1 of the Corporations Code, the provisions thereof referring to shareholders or members shall be applied as though such provisions referred to the policyholders or members of a mutual insurer.