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2023 California Code
Insurance Code - INS
DIVISION 2 - CLASSES OF INSURANCE
PART 1 - FIRE AND MARINE INSURANCE
CHAPTER 4 - General Mutual Insurers
ARTICLE 2 - Directors
Section 4023.
Universal Citation:
CA Ins Code § 4023 (2023)
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4023. As to an insurer operating as an authorized insurer only in the State of California, a majority of the members of the insurer’s board of directors shall be citizens of and shall actually reside in this State.
(Added by Stats. 1963, Ch. 1772.)
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