Cal. Ins. Code § 1201

Current through the 2023 Legislative Session.

Section 1201 - Information required of entry of approval

The entry of approval shall show:

(a) The fact of making such investment.

(b) The amount thereof.

(c) The name of each director voting to approve the investment.

(d) The amount, character and value of the security purchased or taken as collateral.

(e) If the investment is a loan, the name of the borrower, the rate of interest thereon and the due date thereof.

Ca. Ins. Code § 1201

Enacted by Stats. 1935, Ch. 145.