California Statutes
§ 1420. — 1420. (Amended by Stats. 1967, Ch. 581.)
California § 1420.
JurisdictionCalifornia
Code INSInsurance 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
This text of California § 1420. (1420. (Amended by Stats. 1967, Ch. 581.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Insurance Code - INS Code § 1420. (2026).
Text
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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Related
Chavez v. Allstate Northbrook Indemnity Company
(S.D. California, 2025)
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(C.D. California, 2023)
Legislative History
Amended by Stats. 1967, Ch. 581.
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Bluebook (online)
California § 1420., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1420..