Cal. Ins. Code § 4018

Current through the 2023 Legislative Session.
Section 4018 - Vote upon proposal to divest insurer of business or assets

No member's vote upon any proposal to divest the insurer of its business or assets, or the major part thereof, shall be registered or taken except in person or by proxy newly executed and specific as to the matter to be voted upon.

Ca. Ins. Code § 4018

Added by Stats. 1963, Ch. 1772.