Cal. Insurance Code § 1102
Cal. Insurance Code § 1102
California · California Insurance Code · Status: effective
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- Citation
- Cal. Insurance Code § 1102, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/877970
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Full text
The financial obligation of any officer, director, trustee, or other person having authority in the management of an insurer’s funds shall not be guaranteed by such insurer in any capacity, and any such guarantee shall be void.