“Social purpose corporation subject to the Insurance Code as an insurer” means a social purpose corporation that has met the requirements of Sections 201.5, 201.6, and 201.7.
Cal. Corp. Code § 2510.1
General Provisions and Definitions
Known as the Social Purpose Corporations Act
The act spans §§ 2500–3503 (60 sections).
Amended by Stats. 2014, Ch. 694, Sec. 27
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.