Statute · California Insurance Code
Cal. Ins. Code § 5063 — Formation and Organization
Cal. Ins. Code § 5063
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
No such insurer may enter into any general agency or management contract whereby it authorizes or delegates to a person the right to assume virtual control of its operations or of the production of business for it in this State or any specified portion thereof.
Citator
Cal. Ins. Code § 5063 — Formation and Organization is in force in the current edition of the Code, and nothing recorded condemns it.
No such insurer may enter into any general agency or management contract whereby it authorizes or delegates to a person the right to assume virtual control of its operations or of the production of business for it in this State or any specified portion thereof.