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SB 1467 (2008) c. 407

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SB 1467, c. 407: Insurance; guarantee fund. Requires all meetings of the California Insurance Guarantee Association (CIGA) board of governors and its investment and audit committee to be open to the public, with exceptions for closed meetings, as specified.; requires 10 day public notice of those open meetings via CIGA's Internet Web site or through publication in a newspaper of general circulation in California; requires CIGA to provide periodic reports to the Insurance Commissioner (IC) specifying the subjects discussed in each closed session; and explicitly permits the IC or a designated representative to attend all meetings of the CIGA governing board or its audit and investment committee, including closed sessions.