DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 13. Voluntary Mutualization of Incorporated Life and Life and Disability Insurers Having a Capital Stock and Issuing Nonassessable Policies on a Reserve Basis 11525-11533›ARTICLE 2. Execution of Plan 11529-11533
§ 11532.4
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
The presence in person or by proxy of 5 per cent of the members entitled to vote at any meeting shall constitute a quorum for the transaction of business, unless otherwise provided in the by-laws.
(Added by Stats. 1941, Ch. 379.)
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