California Statutes
§ 5090.2. — 5090.2. (Added by Stats. 1941, Ch. 117.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 1. PART 1. FIRE AND MARINE INSURANCE·Ch. 5. CHAPTER 5. County Mutual Fire Insurers·Art. 3. ARTICLE 3. Membership
Not more than one person licensed as an insurance agent, broker or solicitor, or who is a member of an association or partnership or a stockholder or employee of a corporation which is so licensed is eligible to be a director of a county mutual insurer. If a director of the board is licensed as an insurance agent, broker or solicitor, or is a member of an association or partnership or a stockholder or employee of a corporation which is so licensed, neither he nor the association, partnership or corporation shall transact insurance with or for a county mutual insurer as an agent, broker or solicitor, or receive any commission from a county mutual insurer.
The secretary or other person who passes upon the risks and upon whose decisions or recommendations the application for insurance is acce
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California § 5090.2. (5090.2. (Added by Stats. 1941, Ch. 117.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1941, Ch. 117.