Statute · California Insurance Code

Cal. Ins. Code § 1155 — Restrictions on Activities

Cal. Ins. Code § 1155

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

An insurer, within such limits as may be set by the board of directors, may contribute to community funds or to charitable, philanthropic, or benevolent instrumentalities conducive to public welfare or civic betterment.

Citator

Cal. Ins. Code § 1155 — Restrictions on Activities is in force in the current edition of the Code, and nothing recorded condemns it.

An insurer, within such limits as may be set by the board of directors, may contribute to community funds or to charitable, philanthropic, or benevolent instrumentalities conducive to public welfare or civic betterment.