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Section 4032 Of Article 3. Management And Exclusive Agency Contracts From California Insurance Code >> Division 2. >> Part 1. >> Chapter 4. >> Article 3.

4032
. The commissioner shall disapprove any such contract if he finds that it:
  (a) Subjects the insurer to excessive charges; or
  (b) Is to extend for an unreasonable length of time; or
  (c) Does not contain fair and adequate standards of performance; or
  (d) Contains other inequitable provisions or provisions which impair the proper interests of policyholders of the insurer.