Insurance Code § 5063

ARTICLE 1. Formation and Organization

Current as of September 28, 2026Ins. Code, § 5063Official source ↗

Added by Stats. 1955, Ch. 1250.

No such insurer may enter into any general agency or management contract whereby it authorizes or delegates to a person the right to assume virtual control of its operations or of the production of business for it in this State or any specified portion thereof.