Section 4031 Of Article 3. Management And Exclusive Agency Contracts From California Insurance Code >> Division 2. >> Part 1. >> Chapter 4. >> Article 3.
4031
. Any such contract shall provide that any such manager or
producer of its business shall within 90 days after expiration of
each calendar year furnish the insurer's board of directors a written
statement of amounts received under or on account of the contract
and amounts expended thereunder during such calendar year, including
the emoluments received therefrom by the respective directors,
officers, and other principal management personnel of the manager or
producer, and with such classification of items and further detail as
the insurer's board of directors may reasonably require.