{"code":"INS","codeName":"Insurance Code","section":"1420","citation":"Ins. Code, § 1420","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1"},{"name":"PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]","url":"https://blackletter.si/insurance-code/division-1/part-2"},{"name":"CHAPTER 3. Reciprocal Insurers [1280. - 1560.19.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-3"},{"name":"ARTICLE 7. Dividends [1420. - 1420.]","url":"https://blackletter.si/insurance-code/division-1/part-2/chapter-3/article-7"}],"history":"Amended by Stats. 1967, Ch. 581.","effective":null,"html":"<p>Savings or credits may be returned to the subscribers irrespective of the source from which such savings or credits accrue whenever such returns do not constitute an impairment of the assets or reserves required to be maintained.</p>","text":"Savings or credits may be returned to the subscribers irrespective of the source from which such savings or credits accrue whenever such returns do not constitute an impairment of the assets or reserves required to be maintained.","otherVersions":[],"url":"https://blackletter.si/insurance-code/dividends-1420","source":"California Legislative Information bulk export (pubinfo)"}