§ 386
65 words·~1 min read·
/ca/insurance-code/386A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All policies issued by incorporated insurers shall be subscribed by the president or vice president, or chairman, or chief executive officer, or, in case of the death, absence, or disability of those officers, by any two of the directors, and countersigned by the secretary of the corporation. All such policies are as binding and obligatory upon the corporation as if executed over the corporate seal.