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California · Through 2026-09-13

INS § 1870

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Where this section sits in the code
  1. Insurance Code - INS
  2. DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]
  3. PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]
  4. CHAPTER 10.5. Risk Retention [1870. - 1870.]

The Legislature finds and declares that for the purpose of creating a risk retention group, directors and officers of corporations, whether for profit or nonprofit, are engaged in the same line of business with respect to the liability risks faced by those officers and directors within the meaning of the federal Liability Risk Retention Act of 1986.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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