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California Insurance Code

§ 1260

INS § 1260Div. 1 · Part 2 · Ch. 2 · Art. 8
Incorporated insurers or reciprocal insurers who are members of what is commonly known as a “group” or “fleet” may enter into reinsurance transactions between members of the same “group” or “fleet” unless otherwise specifically prohibited by law.

Legislative history

Added by Stats. 1967, Ch. 451.

Source: California Insurance Code § 1260 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.