Statute · California Insurance Code
Cal. Ins. Code § 1398 — Assessment of Insurers
Cal. Ins. Code § 1398
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The power of attorney of an exchange subject to this article may limit the contingent liability of the subscriber for assessment, but such contingent liability shall not be less than an amount equal to and in addition to the amount of the premium deposit provided in the policy.
Citator
Cal. Ins. Code § 1398 — Assessment of Insurers is in force in the current edition of the Code, and nothing recorded condemns it.
The power of attorney of an exchange subject to this article may limit the contingent liability of the subscriber for assessment, but such contingent liability shall not be less than an amount equal to and in addition to the amount of the premium deposit provided in the policy.