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California Insurance Code

§ 1105

INS § 1105Div. 1 · Part 2 · Ch. 1 · Art. 17
This article shall not prevent:
(a)The purchase by any person of any asset which the commissioner requires to be sold, at a price approved by the commissioner.
(b)The borrowing in accordance with its terms by any person upon a policy of life insurance upon his own life.

Legislative history

Amended by Stats. 1980, Ch. 812, Sec. 1.

Source: California Insurance Code § 1105 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.