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2021 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 1 - FIRE AND MARINE INSURANCE
CHAPTER 4 - General Mutual Insurers
ARTICLE 3 - Management and Exclusive Agency Contracts
Section 4032.
Universal Citation:
CA Ins Code § 4032 (2021)
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4032.
The commissioner shall disapprove any such contract if he finds that it:
(a) Subjects the insurer to excessive charges; or
(b) Is to extend for an unreasonable length of time; or
(c) Does not contain fair and adequate standards of performance; or
(d) Contains other inequitable provisions or provisions which impair the proper interests of policyholders of the insurer.
(Added by Stats. 1963, Ch. 1772.)
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