California Insurance Code 19 – “Person” means any person, association, organization, partnership, …
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“Person” means any person, association, organization, partnership, business trust, limited liability company, or corporation.
(Amended by Stats. 1994, Ch. 1010, Sec. 172. Effective January 1, 1995.)
Terms Used In California Insurance Code 19
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19