Ins. Code, § 1102 · Article 17. Loans and Investments

Ins. Code, § 1102

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

The financial obligation of any officer, director, trustee, or other person having authority in the management of an insurer’s funds shall not be guaranteed by such insurer in any capacity, and any such guarantee shall be void.

Notes and commentary — not statutory text

History

Amended by Stats. 1937, Ch. 736.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS&sectionNum=1102.
Text hash: sha256 163ee1b79b00b61332440d4e7bfccf0da165af596ea14170526200df26cd45ce
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Cited by 1 provision

Provisions in this library whose text cites Ins. Code, § 1102. Each shows the citation as that text prints it.

Insurance Code

Ins. Code, § 1106Printed as Sections 1101, 1101.1, 1102, 1103, 1104

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.