Cal. Ins. Code § 1451

Current through the 2023 Legislative Session.
Section 1451 - Action against subscriber

No action shall lie against any subscriber, upon any obligation made or incurred in the name of the exchange, until a final judgment has been obtained against the exchange and remains unsatisfied for thirty days.

Ca. Ins. Code § 1451

Enacted by Stats. 1935, Ch. 145.