Statute · California Insurance Code
Cal. Ins. Code § 4023 — Directors
Cal. Ins. Code § 4023
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
As to an insurer operating as an authorized insurer only in the State of California, a majority of the members of the insurer’s board of directors shall be citizens of and shall actually reside in this State.
Citator
Cal. Ins. Code § 4023 — Directors is in force in the current edition of the Code, and nothing recorded condemns it.
As to an insurer operating as an authorized insurer only in the State of California, a majority of the members of the insurer’s board of directors shall be citizens of and shall actually reside in this State.