{"code":"INS","codeName":"Insurance Code","section":"10440","citation":"Ins. Code, § 10440","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]","url":"https://blackletter.si/insurance-code/division-2/part-2"},{"name":"CHAPTER 5. General Regulation of Life Insurers [10430. - 10509.946.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-5"},{"name":"ARTICLE 1a. Regulation of Internal Affairs of Mutual Insurers [10440. - 10442.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-5/article-1a"}],"history":"Added by Stats. 1957, Ch. 425.","effective":null,"html":"<p>In any meeting of members of a domestic mutual insurer writing classes of insurance which include life or disability insurance, the presence in person or by proxy or written vote of 5 percent of the members entitled to vote shall constitute a quorum for the transaction of business unless a higher percentage is required by this code or by the by-laws or articles of incorporation of the insurer.</p>","text":"In any meeting of members of a domestic mutual insurer writing classes of insurance which include life or disability insurance, the presence in person or by proxy or written vote of 5 percent of the members entitled to vote shall constitute a quorum for the transaction of business unless a higher percentage is required by this code or by the by-laws or articles of incorporation of the insurer.","otherVersions":[],"url":"https://blackletter.si/insurance-code/regulation-of-internal-affairs-of-mutual-insurers-10440","source":"California Legislative Information bulk export (pubinfo)"}