California Insurance Code

§ 927

INS § 927 Effective Jan 1, 2024Div. 1 · Part 2 · Ch. 1 · Art. 10.2

Statute text

The Legislature finds and declares all of the following:

(a)It is in the state’s interest to encourage competitive business opportunities for all of its people. Insurers are uniquely positioned to build relationships within the communities they serve through the development, inclusion, and utilization of certified minority, women, LGBT, persons with disabilities, veteran, and disabled veteran-owned business enterprises whenever possible.

(b)It is in the state’s interest to encourage corporate leadership opportunities for all of its people. Insurers are uniquely positioned to build relationships within the communities they serve through the development of a corporate board that represents the diversity of the state.

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Legislative history

Amended by Stats. 2023, Ch. 204, Sec. 3. (AB 1140) Effective January 1, 2024.