{"code":"INS","codeName":"Insurance Code","section":"8093","citation":"Ins. Code, § 8093","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]","url":"https://blackletter.si/insurance-code/division-2/part-1"},{"name":"CHAPTER 6. County Mutual Fire Reinsurers [7080. - 9060.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-6"},{"name":"ARTICLE 6. Assessments and Coverage of Loss [8090. - 8097.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-6/article-6"}],"history":"Enacted by Stats. 1935, Ch. 145.","effective":null,"html":"<p>The board of directors may at their annual meeting levy an assessment not exceeding twenty-five cents on the $100 of reinsurance. The sum so raised shall constitute a reserve fund to be used in emergency cases only. Another assessment for this purpose shall not be made while this reserve fund remains intact.</p>","text":"The board of directors may at their annual meeting levy an assessment not exceeding twenty-five cents on the $100 of reinsurance. The sum so raised shall constitute a reserve fund to be used in emergency cases only. Another assessment for this purpose shall not be made while this reserve fund remains intact.","otherVersions":[],"url":"https://blackletter.si/insurance-code/assessments-and-coverage-of-loss-8093","source":"California Legislative Information bulk export (pubinfo)"}