Section 7089 Of Article 1. Formation And Organization From California Insurance Code >> Division 2. >> Part 1. >> Chapter 6. >> Article 1.
7089
. At such meeting one director shall be elected from the
delegates of each member so that the number of directors is equal to
the number of members of the reinsurer. The by-laws shall fix the
manner of, and time for, increasing or diminishing the number of
member insurers and, correspondingly, of directors. A majority of the
directors shall constitute a quorum for the transaction of business.