California Statutes
§ 1420. — 1420. (Amended by Stats. 1967, Ch. 581.)
California·Code INS Insurance Code - INS·Div. 1. DIVISION 1. GENERAL RULES GOVERNING INSURANCE·Part 2. PART 2. THE BUSINESS OF INSURANCE·Ch. 3. CHAPTER 3. Reciprocal Insurers·Art. 7. ARTICLE 7. Dividends
Savings or credits may be returned to the subscribers irrespective of the source from which such savings or credits accrue whenever such returns do not constitute an impairment of the assets or reserves required to be maintained.
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California § 1420. (1420. (Amended by Stats. 1967, Ch. 581.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Legislative History
Amended by Stats. 1967, Ch. 581.