California Insurance Code ARTICLE 1 - General

  • Section 1140.
    Except as otherwise provided in this code, incorporated insurers are subject to the provisions of the general corporation law in like manner with other corporations.(Enacted...
  • Section 1140.1.
    (a) A domestic incorporated life insurer may be organized under the Nonprofit Mutual Benefit Corporation Law. With the prior consent of the commissioner, an existing domestic...
  • Section 1140.5.
    (a) Notwithstanding any other law, a copy of every form of proxy or written consent or authorization for use at any meeting or proceeding of shareholders...
  • Section 1141.
    No director, trustee, officer or agent of any insurer shall be subject to personal liability by reason of any payment or any determination not to...
  • Section 1142.
    In situations of hardship, financial embarrassment or where other good cause is shown the commissioner may, in his discretion, by written order, permit an insurer...

Last modified: October 22, 2018