California Statutes

§ 7010. — 7010. (Enacted by Stats. 1935, Ch. 145.)

California § 7010.
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. 8.ARTICLE 8. Assessments

This text of California § 7010. (7010. (Enacted by Stats. 1935, Ch. 145.)) 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 § 7010. (2026).

Text

When any loss exceeds in amount the cash funds of the insurer and also exceeds one-eighth of one per cent of the total amount of the insurer’s insurance in force, its president shall convene its directors to make an assessment.

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Legislative History

Enacted by Stats. 1935, Ch. 145.
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California § 7010., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/7010..