Cal. Ins. Code § 1103

Current through the 2024 Legislative Session.

Section 1103 - Recovery by insurer for injury or loss caused by officer, director, trustee

Whenever an insurer is injured or made to suffer loss by reason of any violation of the provisions of sections 1101, 1102 or 1104, such insurer may recover from the guilty officer, director, trustee or other person, or any one or more of them jointly or severally damages sufficient to compensate such insurer for such loss.

Ca. Ins. Code § 1103

Amended by Stats. 1937, Ch. 736.