DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 6. County Mutual Fire Reinsurers 7080-9060›ARTICLE 4. Risks 8050-8053
§ 8053
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
Such reinsurer shall not at any time write reinsurance, subject to one risk, in excess of five per cent of the total amount of reinsurance on its books at the time of accepting the risk.
(Enacted by Stats. 1935, Ch. 145.)
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