Earlier editions: 2020-112018-11
DIVISION 2. CLASSES OF INSURANCE 1880-12880.8›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 4. General Mutual Insurers 4010-4097.20›ARTICLE 2. Directors 4020-4023
§ 4023
California Insurance Code · 2026 edition · updated 2026-10-04 · California
As to an insurer operating as an authorized insurer only in the State of California, a majority of the members of the insurer’s board of directors shall be citizens of and shall actually reside in this State.
(Added by Stats. 1963, Ch. 1772.)
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