Cal. INS § 1102
This is the official text of Cal. INS § 1102, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
The financial obligation of any officer, director, trustee, or other person having authority in the management of an insurer’s funds shall not be guaranteed by such insurer in any capacity, and any such guarantee shall be void.
Status: in_force · Read it on the official government site
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