California § 6071. 6071. (Amended by Stats. 1953, Ch. 468.)

California Statutes

§ 6071. — 6071. (Amended by Stats. 1953, Ch. 468.)

California § 6071.

JurisdictionCalifornia

Code INSInsurance 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. 6.ARTICLE 6. Reinsurance

This text of California § 6071. (6071. (Amended by Stats. 1953, Ch. 468.)) 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 § 6071. (2026).

Text

Any such insurer may cede reinsurance provided the amount retained by the originating insurer shall be not less than 10 percent nor less than five hundred dollars ($500); provided, however, that the minimum required hereunder shall never exceed six thousand dollars ($6,000).
The applicable provisions of Sections 922.1 to 922.8 inclusive shall govern for the purposes of testing the solvency and preparing the annual statement of the ceding insurer.

Free access — add to your briefcase to read the full text and ask questions with AI

Any such insurer may cede reinsurance provided the amount retained by the originating insurer shall be not less than 10 percent nor less than five hundred dollars ($500); provided, however, that the minimum required hereunder shall never exceed six thousand dollars ($6,000).
The applicable provisions of Sections 922.1 to 922.8 inclusive shall govern for the purposes of testing the solvency and preparing the annual statement of the ceding insurer.

Legislative History

Amended by Stats. 1953, Ch. 468.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

California § 6071., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/6071..