California Insurance Code Section 4018

CA Ins Code § 4018 (2017)  

No member’s vote upon any proposal to divest the insurer of its business or assets, or the major part thereof, shall be registered or taken except in person or by proxy newly executed and specific as to the matter to be voted upon.

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

Last modified: October 25, 2018