Skip to content
ChatProjectCodes

Earlier editions: 2020-112018-11

DIVISION 2. CLASSES OF INSURANCE 1880-12880.8›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 6. County Mutual Fire Reinsurers 7080-9060›ARTICLE 6. Assessments and Coverage of Loss 8090-8097

§ 8093

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

The board of directors may at their annual meeting levy an assessment not exceeding twenty-five cents on the $100 of reinsurance. The sum so raised shall constitute a reserve fund to be used in emergency cases only. Another assessment for this purpose shall not be made while this reserve fund remains intact.

(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.