California Statutes
§ 10723. — 10723. (Added by Stats. 1992, Ch. 1128, Sec. 10.)
California § 10723.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 8.CHAPTER 8. Small Employer Health Insurance
Art. 3.ARTICLE 3. Voluntary Reinsurance Mechanism
This text of California § 10723. (10723. (Added by Stats. 1992, Ch. 1128, Sec. 10.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Insurance Code - INS Code § 10723. (2026).
Text
Any unsatisfied net liability or outstanding assessment owed by an insolvent member participating in the fund shall be assumed by and apportioned among the remaining members in the fund in the same manner in which assessments are levied by the fund. The fund shall have all rights allowed by law on behalf of the remaining members against the insolvent member for sums due the fund.
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Legislative History
Added by Stats. 1992, Ch. 1128, Sec. 10. Effective January 1, 1993. Operative July 1, 1993, by Sec. 15 of Ch. 1128.
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California § 10723., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/10723..