Statute · California Insurance Code
Cal. Ins. Code § 138 — Risk Retention
Cal. Ins. Code § 138
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
There shall be no civil liability on the part of any agent or broker who places liability insurance coverage on behalf of any risk retention group which is incorporated and licensed in this state in the event of an insolvency by the risk retention group.
Citator
Cal. Ins. Code § 138 — Risk Retention is in force in the current edition of the Code, and nothing recorded condemns it.
There shall be no civil liability on the part of any agent or broker who places liability insurance coverage on behalf of any risk retention group which is incorporated and licensed in this state in the event of an insolvency by the risk retention group.