There is a newer version of the California Code
2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
ARTICLE 1. Formation and Organization
Section 5063
CA Ins Code § 5063 (through 2012 Leg Sess) What's This?
No such insurer may enter into any general agency or management contract whereby it authorizes or delegates to a person the right to assume virtual control of its operations or of the production of business for it in this State or any specified portion thereof.
(Added by Stats. 1955, Ch. 1250.)
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