Skip to content
ChatProjectCodes

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 6. Assessment of Insurers 1390-1402

§ 1398

California Insurance Code · 2020-11 edition · updated 2026-10-04 · California

The power of attorney of an exchange subject to this article may limit the contingent liability of the subscriber for assessment, but such contingent liability shall not be less than an amount equal to and in addition to the amount of the premium deposit provided in the policy.

(Enacted by Stats. 1935, Ch. 145.)

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — California Insurance Code
California Insurance Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.