Cal. INS § 10729
This is the official text of Cal. INS § 10729, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
The fund shall establish rules, conditions, and procedures relating to the indemnification of any person or member of the fund made a party to any claim, action, suit, or proceeding because the person or member served on the board of directors of the fund, or on a committee, or was an officer or employee of the fund, provided, such rules, conditions, and procedures do not authorize indemnification in excess of that expressly permitted by Section 317 of the Corporations Code.
Status: in_force · Read it on the official government site
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