Section 1307 Of Article 2. Organization Of Exchange From California Insurance Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 2.
1307
. The power of attorney and contracts made thereunder may:
(a) Provide for the right of substitution of attorney and
revocation of the contract or power.
(b) Impose such restrictions upon the exercise of the power as are
agreed upon by the subscribers.
(c) Provide for and limit the maximum amount to be paid by
subscribers, except that contracts of exchanges writing either
liability or workmen's compensation insurance shall be subject to the
provisions of Article 6 of this chapter.
(d) Provide for the exercise of any right reserved to the
subscribers directly or through a board or other body.