ARTICLE 1.7. Continuity of Management

Article 1.7 added by Stats. 1963, Ch. 1285.

§§ 688–688.5 · 6 sections

• § 688 The Legislature declares that it is desirable for the general welfare and in particular for the welfare of insurance beneficiaries, policyholders, injured…
• § 688.1 The board of directors of any domestic insurer may at any time adopt emergency bylaws, subject to repeal or change by action of those having power to adopt…
• § 688.2 In the event that the board of directors of a domestic insurer has not adopted emergency bylaws, the following provisions shall become effective upon the…
• § 688.3 At any time the board of directors of a domestic insurer may, by resolution, provide that in the event of such a national emergency and in the event of the…
• § 688.4 At any time the board of directors of a domestic insurer may, by resolution, provide that in the event of such a national emergency the home office or…
• § 688.5 “Insurer” as used in this article includes insurance corporations and insurer organizations of every type and reciprocal or interinsurance exchanges and the…