Cal. Ins. Code § 8011

Current through the 2023 Legislative Session.
Section 8011 - Subject to usual powers and duties of corporations

Such reinsurer and its directors shall possess such of the usual powers, and be subject to such of the usual duties of corporations and directors thereof as are necessary for the management of its affairs in accordance with the provisions of this chapter, including the power to prescribe the duties of its officers and fix their compensation.

Ca. Ins. Code § 8011

Enacted by Stats. 1935, Ch. 145.