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DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 5. General Regulation of Life Insurers 10430-10509.946›ARTICLE 1a. Regulation of Internal Affairs of Mutual Insurers 10440-10442

§ 10440

California Insurance Code · 2020-11 edition · updated 2026-10-04 · California

In any meeting of members of a domestic mutual insurer writing classes of insurance which include life or disability insurance, the presence in person or by proxy or written vote of 5 percent of the members entitled to vote shall constitute a quorum for the transaction of business unless a higher percentage is required by this code or by the by-laws or articles of incorporation of the insurer.

(Added by Stats. 1957, Ch. 425.)

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California Insurance Code

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