California Insurance Code ARTICLE 5 - Dividends to Policyholders

• Section 4050.
  The directors of a domestic mutual insurer may from time to time apportion and pay or credit to its members dividends only out of that...
• Section 4051.
  A dividend otherwise proper may be payable out of such savings, earnings, and gains even though the insurer’s total surplus is then less than the...
• Section 4052.
  The payment of any such dividends on a workmen’s compensation policy shall be subject to the provisions of Section 11738 and for that purpose a...

Last modified: October 22, 2018