California § 4030 - A domestic mutual insurer shall not hereafter make any contract whereby any perso
Full text of California Public Contract Code - PCC § 4030 — A domestic mutual insurer shall not hereafter make any contract whereby any perso, with citation guidance and answers to common questions.
§ 4030. A domestic mutual insurer shall not hereafter make any contract whereby any perso
A domestic mutual insurer shall not hereafter make any contract whereby any person is granted or is to enjoy in fact the management of the insurer to the substantial exclusion of its board of directors or to have the controlling or preemptive right to produce substantially all insurance business for the insurer, unless the contract is filed with and approved by the commissioner. That contract shall not be effective unless and until approved by the insurance commissioner. That approval shall be obtained by filing application for approval with the commissioner accompanied by a one-hundred-fifty-dollar ($150) fee. Any disapproval shall be delivered to the insurer in writing, stating the grounds therefor.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 4030
What does Public Contract Code - PCC § 4030 cover?
Section 4030 ("A domestic mutual insurer shall not hereafter make any contract whereby any perso") 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 § 4030?
A common citation format is "Public Contract Code - PCC § 4030" (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 § 4030 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.