Insurance Code § 1400

ARTICLE 6. Assessment of Insurers

Current as of September 28, 2026Ins. Code, § 1400Official source ↗

Enacted by Stats. 1935, Ch. 145.

Each such subscriber maintaining a surplus deposit equal to, and in addition to, the amount of the total current annual premium deposit provided in his policy, shall have no liability for assessment during the period such surplus deposit is so maintained.