CA Ins Code Section 11757

Nothing in this article shall be construed to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers shall not be deemed a rating plan or system.

Source: Section 11757, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11757..

Last Updated

Aug. 19, 2023

§ 11757’s source at ca.gov

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Location: https://california.public.law/codes/ca_ins_code_section_11757

Original Source: Section 11757, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=11757. (last accessed Aug. 19, 2023).