California Insurance Code

§ 8053

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

INS § 8053Div. 2 · Part 1 · Ch. 6 · Art. 4

Statute text

View on leginfo.ca.gov

Such reinsurer shall not at any time write reinsurance, subject to one risk, in excess of five per cent of the total amount of reinsurance on its books at the time of accepting the risk.

Legislative history

Enacted by Stats. 1935, Ch. 145.