US lawCaliforniaStatutesCode insDivision 2Part 1Chapter 4Article 24020Cal. INS § 4020Cal. INS § 4020Last amended: 1963Year: 2025Length: 27 wordsOfficial source The affairs of every domestic mutual insurer shall be managed by a board of directors consisting of not less than 5 directors nor more than 15 directors.NextCal. INS § 4021