California Statutes
§ 7014. — 7014. (Enacted by Stats. 1935, Ch. 145.)
California § 7014.
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 § 7014. (7014. (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 § 7014. (2026).
Text
The board of directors may at its annual meeting levy an assessment not to exceed twenty-five cents on the $100 of the first class of insurance and a pro rata amount on lower classes. The sum so raised shall constitute a reserve fund to be used in emergency cases only. Another assessment for this fund shall not be made while this reserve fund remains intact.
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Legislative History
Enacted by Stats. 1935, Ch. 145.
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Bluebook (online)
California § 7014., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/7014..