Cal. Ins. Code § 1450

Current through the 2023 Legislative Session.
Section 1450 - Authority to sue or be sued

The exchange may sue or be sued in its own name as in the case of an individual. Any judgment rendered against the exchange shall be binding upon each subscriber only in such proportion as his interests may appear.

Ca. Ins. Code § 1450

Enacted by Stats. 1935, Ch. 145.