California § 4021. 4021. (Added by Stats. 1963, Ch. 1772.)

California Statutes

§ 4021. — 4021. (Added by Stats. 1963, Ch. 1772.)

California § 4021.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 2.DIVISION 2. CLASSES OF INSURANCE

Part 1.PART 1. FIRE AND MARINE INSURANCE

Ch. 4.CHAPTER 4. General Mutual Insurers

Art. 2.ARTICLE 2. Directors

This text of California § 4021. (4021. (Added by Stats. 1963, Ch. 1772.)) 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 § 4021. (2026).

Text

Directors shall be elected by the members of a domestic mutual insurer at the annual meeting of members. Directors may be elected for terms of not more than five years each and until their successors are elected and have qualified, and if to be elected for terms of more than one year, the insurer’s bylaws shall provide for a staggered term system under which the terms of a proportionate part of the number of the board of directors shall expire on the date of each annual meeting of members.

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Directors shall be elected by the members of a domestic mutual insurer at the annual meeting of members. Directors may be elected for terms of not more than five years each and until their successors are elected and have qualified, and if to be elected for terms of more than one year, the insurer’s bylaws shall provide for a staggered term system under which the terms of a proportionate part of the number of the board of directors shall expire on the date of each annual meeting of members.

Legislative History

Added by Stats. 1963, Ch. 1772.

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California § 4021., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/4021..