DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 6. County Mutual Fire Reinsurers 7080-9060›ARTICLE 2. Powers and Duties 8010-8011
§ 8011
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
Such reinsurer and its directors shall possess such of the usual powers, and be subject to such of the usual duties of corporations and directors thereof as are necessary for the management of its affairs in accordance with the provisions of this chapter, including the power to prescribe the duties of its officers and fix their compensation.
(Enacted by Stats. 1935, Ch. 145.)
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