California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 2. CLASSES OF INSURANCE |
Part 1. FIRE AND MARINE INSURANCE |
Chapter 5. County Mutual Fire Insurers |
ARTICLE 1. Formation and Organization |
Section 5063.
Latest version.
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No such insurer may enter into any general agency or management contract whereby it authorizes or delegates to a person the right to assume virtual control of its operations or of the production of business for it in this State or any specified portion thereof.
(Added by Stats. 1955, Ch. 1250.)