Section 4021 Of Article 2. Directors From California Insurance Code >> Division 2. >> Part 1. >> Chapter 4. >> Article 2.
4021
. Directors shall be elected by the members of a domestic
mutual insurer at the annual meeting of members. Directors may be
elected for terms of not more than five years each and until their
successors are elected and have qualified, and if to be elected for
terms of more than one year, the insurer's bylaws shall provide for a
staggered term system under which the terms of a proportionate part
of the number of the board of directors shall expire on the date of
each annual meeting of members.