{"data":{"id":"us-ca/ins-7014","jurisdiction":"us-ca","citation":"INS § 7014","heading":"","body":"The board of directors may at its annual meeting levy an assessment not to exceed twenty-five cents on the $100 of the first class of insurance and a pro rata amount on lower classes. The sum so raised shall constitute a reserve fund to be used in emergency cases only. Another assessment for this fund shall not be made while this reserve fund remains intact.","path":["Insurance Code - INS","DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]","CHAPTER 5. County Mutual Fire Insurers [5050. - 7060.]","ARTICLE 8. Assessments [7010. - 7018.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"e5be55827c3498aa43c5b87cc66fce51889b6907a2d9a05066f834ec4fe4ea00","source_id":"us-ca","stale":false,"prev":"us-ca/ins-7013","next":"us-ca/ins-7015"},"notice":"GroundRules: Original legal text. Not legal advice."}