§ 5050.5. — 5050.5. (Amended by Stats. 1961, Ch. 473.)

California § 5050.5.

• Jurisdiction: California
• Code INS: Insurance Code - INS
• Div. 2.: DIVISION 2. CLASSES OF INSURANCE
• Part 1.: PART 1. FIRE AND MARINE INSURANCE
• Ch. 5.: CHAPTER 5. County Mutual Fire Insurers
• Art. 1.: ARTICLE 1. Formation and Organization

Text

Any county mutual fire insurer heretofore or hereafter incorporated and doing business under the provisions of this chapter may, if it has issued an insurance policy against fire, and as long as it maintains an excess of admitted assets over liabilities of at least fifty thousand dollars ($50,000), endorse such policy to extend the coverage thereof to include insurance of the kinds included in Sections 107, 112, 120 and 122 (excluding liability insurance).

Legislative History

Amended by Stats. 1961, Ch. 473.