DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 9. Rates and Rating and Other Organizations 1850.4-1861.16›ARTICLE 9. Miscellaneous 1860-1860.3
§ 1860
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
Nothing in this chapter shall be construed to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan or system.
(Added by Stats. 1947, Ch. 805.)
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