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.