Statute · California Insurance Code
Cal. Ins. Code § 11777 — Organization and Powers
Cal. Ins. Code § 11777
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Such cash dividend or credit is to be in an amount which the board of directors in its discretion considers to be the employer’s proportion of divisible surplus.
Citator
Cal. Ins. Code § 11777 — Organization and Powers is in force in the current edition of the Code, and nothing recorded condemns it.
Such cash dividend or credit is to be in an amount which the board of directors in its discretion considers to be the employer’s proportion of divisible surplus.