Insurance Code - INS
DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100 - 1879.8]
( Division 1 enacted by Stats. 1935, Ch. 145. ) PART 2. THE BUSINESS OF INSURANCE [680 - 1879.8]
( Part 2 enacted by Stats. 1935, Ch. 145. ) CHAPTER 2. Incorporated Insurers [1140 - 1260]
( Chapter 2 enacted by Stats. 1935, Ch. 145. ) ARTICLE 2. Restrictions on Activities [1152 - 1155]
( Article 2 enacted by Stats. 1935, Ch. 145. ) 1155.
An insurer, within such limits as may be set by the board of directors, may contribute to community funds or to charitable, philanthropic, or benevolent instrumentalities conducive to public welfare or civic betterment.
(Added by Stats. 1951, Ch. 564.)