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Section 1201 Of Article 4. Property Authorized For Excess Funds Investments From California Insurance Code >> Division 1. >> Part 2. >> Chapter 2. >> Article 4.
1201
. The entry of approval shall show:
(a) The fact of making such investment.
(b) The amount thereof.
(c) The name of each director voting to approve the investment.
(d) The amount, character and value of the security purchased or taken as collateral.
(e) If the investment is a loan, the name of the borrower, the rate of interest thereon and the due date thereof.
(a) The fact of making such investment.
(b) The amount thereof.
(c) The name of each director voting to approve the investment.
(d) The amount, character and value of the security purchased or taken as collateral.
(e) If the investment is a loan, the name of the borrower, the rate of interest thereon and the due date thereof.
