DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 3. Reciprocal Insurers 1280-1560.19›ARTICLE 9. Suits 1450-1453
§ 1450
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
The exchange may sue or be sued in its own name as in the case of an individual. Any judgment rendered against the exchange shall be binding upon each subscriber only in such proportion as his interests may appear.
(Enacted by Stats. 1935, Ch. 145.)
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