BlackletterCalifornia law

Insurance Code § 1451

ARTICLE 9. Suits

Current as of September 28, 2026Ins. Code, § 1451Official source ↗

Enacted by Stats. 1935, Ch. 145.

No action shall lie against any subscriber, upon any obligation made or incurred in the name of the exchange, until a final judgment has been obtained against the exchange and remains unsatisfied for thirty days.