California Insurance Code

§ 5081

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 5081Div. 2 · Part 1 · Ch. 5 · Art. 2

Statute text

View on leginfo.ca.gov

Such insurer may accumulate such surplus as its directors deem desirable for meeting contingencies, to cover the catastrophe hazard, and for general corporate purposes.

Legislative history

Added by Stats. 1945, Ch. 96.