DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 5. County Mutual Fire Insurers 5050-7060›ARTICLE 2. Powers 5080-5081

§ 5081

California Insurance Code · 2018-11 edition · updated 2026-10-04 · California

Such insurer may accumulate such surplus as its directors deem desirable for meeting contingencies, to cover the catastrophe hazard, and for general corporate purposes.

(Added by Stats. 1945, Ch. 96.)

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California Insurance Code

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