GroundRules
INS § 8093
Where this section sits in the code
- Insurance Code - INS
- DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
- PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]
- CHAPTER 6. County Mutual Fire Reinsurers [7080. - 9060.]
- ARTICLE 6. Assessments and Coverage of Loss [8090. - 8097.]
The board of directors may at their annual meeting levy an assessment not exceeding twenty-five cents on the $100 of reinsurance. The sum so raised shall constitute a reserve fund to be used in emergency cases only. Another assessment for this purpose shall not be made while this reserve fund remains intact.
Collected 2026-09-14T05:56:33Z. Source file · JSON