DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 3. LIABILITY, WORKERS' COMPENSATION, AND COMMON CARRIER LIABILITY INSURANCE 11550-11895›CHAPTER 4. The State Compensation Insurance Fund 11770-11886.2›ARTICLE 1. Organization and Powers 11770-11805

§ 11777

California Insurance Code · 2018-11 edition · updated 2026-10-04 · California

Such cash dividend or credit is to be in an amount which the board of directors in its discretion considers to be the employer’s proportion of divisible surplus.

(Amended by Stats. 1947, Ch. 520.)

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California Insurance Code

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