Statute · California Insurance Code
Cal. Ins. Code § 1308 — Organization of Exchange
Cal. Ins. Code § 1308
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The body exercising the subscribers’ rights shall be selected under such rules as the subscribers adopt. It shall supervise the finances of the exchange and shall supervise its operations to such extent as to assure conformity with the subscriber’s agreement and power of attorney.
Citator
Cal. Ins. Code § 1308 — Organization of Exchange is in force in the current edition of the Code, and nothing recorded condemns it.
The body exercising the subscribers’ rights shall be selected under such rules as the subscribers adopt. It shall supervise the finances of the exchange and shall supervise its operations to such extent as to assure conformity with the subscriber’s agreement and power of attorney.