Statute · California Insurance Code
Cal. Ins. Code § 1303 — Organization of Exchange
Cal. Ins. Code § 1303
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The organization under which such subscribers so exchange contracts is termed a reciprocal or interinsurance exchange, and shall be deemed the insurer while each subscriber shall be deemed an insured.
Citator
Cal. Ins. Code § 1303 — Organization of Exchange is in force in the current edition of the Code, and nothing recorded condemns it.
The organization under which such subscribers so exchange contracts is termed a reciprocal or interinsurance exchange, and shall be deemed the insurer while each subscriber shall be deemed an insured.