§ 8011
57 words·~1 min read·
/ca/insurance-code/8011A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Such reinsurer and its directors shall possess such of the usual powers, and be subject to such of the usual duties of corporations and directors thereof as are necessary for the management of its affairs in accordance with the provisions of this chapter, including the power to prescribe the duties of its officers and fix their compensation.