California Insurance Code

§ 11777

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

INS § 11777Div. 2 · Part 3 · Ch. 4 · Art. 1

Statute text

View on leginfo.ca.gov

Such cash dividend or credit is to be in an amount which the board of directors in its discretion considers to be the employer’s proportion of divisible surplus.

Legislative history

Amended by Stats. 1947, Ch. 520.