Statute · California Insurance Code
Cal. Ins. Code § 8096 — Assessments and Coverage of Loss
Cal. Ins. Code § 8096
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The directors of any such reinsurer who wilfully refuse or neglect to perform the duties imposed upon them by law or by the by-laws of the reinsurer are liable in their individual capacity to the reinsurer sustaining loss.
Citator
Cal. Ins. Code § 8096 — Assessments and Coverage of Loss is in force in the current edition of the Code, and nothing recorded condemns it.
The directors of any such reinsurer who wilfully refuse or neglect to perform the duties imposed upon them by law or by the by-laws of the reinsurer are liable in their individual capacity to the reinsurer sustaining loss.