Statute · California Insurance Code
Cal. Ins. Code § 1102 — Loans and Investments
Cal. Ins. Code § 1102
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The financial obligation of any officer, director, trustee, or other person having authority in the management of an insurer’s funds shall not be guaranteed by such insurer in any capacity, and any such guarantee shall be void.
Citator
Cal. Ins. Code § 1102 — Loans and Investments is in force in the current edition of the Code, and nothing recorded condemns it.
The financial obligation of any officer, director, trustee, or other person having authority in the management of an insurer’s funds shall not be guaranteed by such insurer in any capacity, and any such guarantee shall be void.