Home/California/Statutes/Code INS: Insurance Code - INS/Div. 2.: DIVISION 2. CLASSES OF INSURANCE/Part 1.: PART 1. FIRE AND MARINE INSURANCE/Ch. 6.: CHAPTER 6. County Mutual Fire Reinsurers/Art. 6.: ARTICLE 6. Assessments and Coverage of Loss/§ 8093.
California Statutes

§ 8093. — 8093. (Enacted by Stats. 1935, Ch. 145.)

California § 8093.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 1.PART 1. FIRE AND MARINE INSURANCE
Ch. 6.CHAPTER 6. County Mutual Fire Reinsurers
Art. 6.ARTICLE 6. Assessments and Coverage of Loss

This text of California § 8093. (8093. (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 § 8093. (2026).

Text

The board of directors may at their annual meeting levy an assessment not exceeding twenty-five cents on the $100 of reinsurance. The sum so raised shall constitute a reserve fund to be used in emergency cases only. Another assessment for this purpose 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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California § 8093., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/8093..