California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 2. THE BUSINESS OF INSURANCE |
Chapter 3. Reciprocal Insurers |
ARTICLE 6. Assessment of Insurers |
Section 1400.
Latest version.
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Each such subscriber maintaining a surplus deposit equal to, and in addition to, the amount of the total current annual premium deposit provided in his policy, shall have no liability for assessment during the period such surplus deposit is so maintained.
(Enacted by Stats. 1935, Ch. 145.)