Statute · California Insurance Code

Cal. Ins. Code § 4018 — General Provisions

Cal. Ins. Code § 4018

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

No member’s vote upon any proposal to divest the insurer of its business or assets, or the major part thereof, shall be registered or taken except in person or by proxy newly executed and specific as to the matter to be voted upon.

Citator

Cal. Ins. Code § 4018 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

No member’s vote upon any proposal to divest the insurer of its business or assets, or the major part thereof, shall be registered or taken except in person or by proxy newly executed and specific as to the matter to be voted upon.