DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 3. Reciprocal Insurers 1280-1560.19›ARTICLE 2. Organization of Exchange 1300-1315
§ 1303
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
The organization under which such subscribers so exchange contracts is termed a reciprocal or interinsurance exchange, and shall be deemed the insurer while each subscriber shall be deemed an insured.
(Amended by Stats. 1963, Ch. 1649.)
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