Section 11402.

Cal. Insurance Code - INS § 11402.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Such association may be incorporated or unincorporated, but if incorporated it shall neither issue nor be authorized to issue shares of stock.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements

Cal. Insurance Code - INS § 11402. — Section 11402 | Insurance Code - INS | Corpus