California Insurance Code

§ 1102

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 1102Div. 1 · Part 2 · Ch. 1 · Art. 17

Statute text

View on leginfo.ca.gov

The financial obligation of any officer, director, trustee, or other person having authority in the management of an insurer’s funds shall not be guaranteed by such insurer in any capacity, and any such guarantee shall be void.

Legislative history

Amended by Stats. 1937, Ch. 736.