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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 2. Organization of Exchange 1300-1315

§ 1308

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

The body exercising the subscribers’ rights shall be selected under such rules as the subscribers adopt. It shall supervise the finances of the exchange and shall supervise its operations to such extent as to assure conformity with the subscriber’s agreement and power of attorney.

(Enacted by Stats. 1935, Ch. 145.)

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California Insurance Code

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