Statute · California Insurance Code

Cal. Ins. Code § 8011 — Powers and Duties

Cal. Ins. Code § 8011

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

Such reinsurer and its directors shall possess such of the usual powers, and be subject to such of the usual duties of corporations and directors thereof as are necessary for the management of its affairs in accordance with the provisions of this chapter, including the power to prescribe the…

Citator

Cal. Ins. Code § 8011 — Powers and Duties is in force in the current edition of the Code, and nothing recorded condemns it.

Such reinsurer and its directors shall possess such of the usual powers, and be subject to such of the usual duties of corporations and directors thereof as are necessary for the management of its affairs in accordance with the provisions of this chapter, including the power to prescribe the duties of its officers and fix their compensation.