Statute · California Insurance Code
Cal. Ins. Code § 7011 — Assessments
Cal. Ins. Code § 7011
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Upon being convened for the purpose, the directors shall make an assessment upon all of the property insured in the insurer. Such assessment shall be in proportion to the amount for which each piece of property is insured, taken in connection with the rate of premium under which it is classified.
Citator
Cal. Ins. Code § 7011 — Assessments is in force in the current edition of the Code, and nothing recorded condemns it.
Upon being convened for the purpose, the directors shall make an assessment upon all of the property insured in the insurer. Such assessment shall be in proportion to the amount for which each piece of property is insured, taken in connection with the rate of premium under which it is classified.