California Insurance Code

§ 8096

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

INS § 8096Div. 2 · Part 1 · Ch. 6 · Art. 6

Statute text

View on leginfo.ca.gov

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.

Legislative history

Enacted by Stats. 1935, Ch. 145.