Statute · California Insurance Code

Cal. Ins. Code § 1420 — Dividends

Cal. Ins. Code § 1420

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

Savings or credits may be returned to the subscribers irrespective of the source from which such savings or credits accrue whenever such returns do not constitute an impairment of the assets or reserves required to be maintained.

Citator

Cal. Ins. Code § 1420 — Dividends is in force in the current edition of the Code, and nothing recorded condemns it.

Savings or credits may be returned to the subscribers irrespective of the source from which such savings or credits accrue whenever such returns do not constitute an impairment of the assets or reserves required to be maintained.