{"code":"INS","codeName":"Insurance Code","section":"4023","citation":"Ins. Code, § 4023","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 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]","url":"https://blackletter.si/insurance-code/division-2/part-1"},{"name":"CHAPTER 4. General Mutual Insurers [4010. - 4097.20.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-4"},{"name":"ARTICLE 2. Directors [4020. - 4023.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-4/article-2"}],"history":"Added by Stats. 1963, Ch. 1772.","effective":null,"html":"<p>As to an insurer operating as an authorized insurer only in the State of California, a majority of the members of the insurer’s board of directors shall be citizens of and shall actually reside in this State.</p>","text":"As to an insurer operating as an authorized insurer only in the State of California, a majority of the members of the insurer’s board of directors shall be citizens of and shall actually reside in this State.","otherVersions":[],"url":"https://blackletter.si/insurance-code/directors-4023","source":"California Legislative Information bulk export (pubinfo)"}