Skip to content

DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 4. General Mutual Insurers 4010-4097.20›ARTICLE 1. General Provisions 4010-4019

§ 4010

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

A “mutual” insurer is an insurance corporation without capital stock owned by its policyholders collectively, who have the right to vote in the election of its directors.

(Added by Stats. 1963, Ch. 1772.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Insurance Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.