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California · Through 2026-09-13

INS § 7010

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Where this section sits in the code
  1. Insurance Code - INS
  2. DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
  3. PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]
  4. CHAPTER 5. County Mutual Fire Insurers [5050. - 7060.]
  5. ARTICLE 8. Assessments [7010. - 7018.]

When any loss exceeds in amount the cash funds of the insurer and also exceeds one-eighth of one per cent of the total amount of the insurer’s insurance in force, its president shall convene its directors to make an assessment.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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