California Insurance Code
§ 11757
INS § 11757Div. 2 · Part 3 · Ch. 3 · Art. 3
Statute text
View on leginfo.ca.govNothing in this article shall be construed to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan or system.
Legislative history
Added by Stats. 1951, Ch. 1123.