BlackletterCalifornia law

Insurance Code § 1308

ARTICLE 2. Organization of Exchange

Current as of September 28, 2026Ins. Code, § 1308Official source ↗

Enacted by Stats. 1935, Ch. 145.

The body exercising the subscribers’ rights shall be selected under such rules as the subscribers adopt. It shall supervise the finances of the exchange and shall supervise its operations to such extent as to assure conformity with the subscriber’s agreement and power of attorney.