Statute · California Insurance Code
Cal. Ins. Code § 11772 — Organization and Powers
Cal. Ins. Code § 11772
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
There shall not be any liability in a private capacity on the part of the board of directors or any member thereof, or any officer or employee of the fund for or on account of any act performed or obligation entered into in an official capacity, when done in good faith, without intent to defraud…
Citator
Cal. Ins. Code § 11772 — Organization and Powers is in force in the current edition of the Code, and nothing recorded condemns it.
There shall not be any liability in a private capacity on the part of the board of directors or any member thereof, or any officer or employee of the fund for or on account of any act performed or obligation entered into in an official capacity, when done in good faith, without intent to defraud and in connection with the administration, management or conduct of the fund or affairs relating thereto.