Statute · California Insurance Code
Cal. Ins. Code § 7018 — Assessments
Cal. Ins. Code § 7018
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A director of any such insurer who wilfully refuses or neglects to perform the duties imposed upon him by law or by the insurer’s by-laws shall be liable in his individual capacity to the person sustaining a loss.
Citator
Cal. Ins. Code § 7018 — Assessments is in force in the current edition of the Code, and nothing recorded condemns it.
A director of any such insurer who wilfully refuses or neglects to perform the duties imposed upon him by law or by the insurer’s by-laws shall be liable in his individual capacity to the person sustaining a loss.