Statute · California Insurance Code

Cal. Ins. Code § 4032 — Management and Exclusive Agency Contracts

Cal. Ins. Code § 4032

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

The commissioner shall disapprove any such contract if he finds that it:

Citator

Cal. Ins. Code § 4032 — Management and Exclusive Agency Contracts is in force in the current edition of the Code, and nothing recorded condemns it.

The commissioner shall disapprove any such contract if he finds that it:

(a) Subjects the insurer to excessive charges; or

(b) Is to extend for an unreasonable length of time; or

(c) Does not contain fair and adequate standards of performance; or

(d) Contains other inequitable provisions or provisions which impair the proper interests of policyholders of the insurer.