Statute · California Insurance Code

Cal. Ins. Code § 1450 — Suits

Cal. Ins. Code § 1450

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

The exchange may sue or be sued in its own name as in the case of an individual. Any judgment rendered against the exchange shall be binding upon each subscriber only in such proportion as his interests may appear.

Citator

Cal. Ins. Code § 1450 — Suits is in force in the current edition of the Code, and nothing recorded condemns it.

The exchange may sue or be sued in its own name as in the case of an individual. Any judgment rendered against the exchange shall be binding upon each subscriber only in such proportion as his interests may appear.