Cal. INS § 1870
This is the official text of Cal. INS § 1870, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
The Legislature finds and declares that for the purpose of creating a risk retention group, directors and officers of corporations, whether for profit or nonprofit, are engaged in the same line of business with respect to the liability risks faced by those officers and directors within the meaning of the federal Liability Risk Retention Act of 1986.
Status: in_force · Read it on the official government site
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