BlackletterCalifornia law

Insurance Code § 1303

ARTICLE 2. Organization of Exchange

Current as of September 28, 2026Ins. Code, § 1303Official source ↗

Amended by Stats. 1963, Ch. 1649.

The organization under which such subscribers so exchange contracts is termed a reciprocal or interinsurance exchange, and shall be deemed the insurer while each subscriber shall be deemed an insured.