California § 1101.1 - An officer, excluding a director who holds no other office, or employee of an adm
Full text of California Public Contract Code - PCC § 1101.1 — An officer, excluding a director who holds no other office, or employee of an adm, with citation guidance and answers to common questions.
§ 1101.1. An officer, excluding a director who holds no other office, or employee of an adm
An officer, excluding a director who holds no other office, or employee of an admitted insurer shall not receive any money or valuable thing directly or indirectly as a brokerage commission on reinsurance ceded by such insurer and an insurer shall not pay such commissions. This provision shall not apply to brokerage or commissions authorized by the board of directors of the ceding insurer as compensation for services actually rendered nor to dividends received by any such officer or employee upon the stock of a corporation in which such officer or employee or his immediate family does not own a controlling interest or in fact exercises control.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1101.1
What does Public Contract Code - PCC § 1101.1 cover?
Section 1101.1 ("An officer, excluding a director who holds no other office, or employee of an adm") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1101.1?
A common citation format is "Public Contract Code - PCC § 1101.1" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1101.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.