California Insurance Code

§ 4010

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

INS § 4010Div. 2 · Part 1 · Ch. 4 · Art. 1

Statute text

View on leginfo.ca.gov

A “mutual” insurer is an insurance corporation without capital stock owned by its policyholders collectively, who have the right to vote in the election of its directors.

Legislative history

Added by Stats. 1963, Ch. 1772.