Business and Professions Code section 7583.40


“Insurance policy,” as used in this article, means a commercial general liability policy of insurance issued by an insurance company authorized to transact business in this state that provides minimum limits of insurance of one million dollars ($1,000,000) for any one loss or occurrence due to bodily injury, including death, or property damage, or both.

Source: Section 7583.40, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=BPC§ionNum=7583.­40.­ (updated Jan. 1, 2015; accessed Jul. 14, 2025).

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Verified:
Jul. 14, 2025

§ 7583.40's source at ca​.gov