Insurance Code § 7018

ARTICLE 8. Assessments

Current as of September 28, 2026Ins. Code, § 7018Official source ↗

Enacted by Stats. 1935, Ch. 145.

A director of any such insurer who wilfully refuses or neglects to perform the duties imposed upon him by law or by the insurer’s by-laws shall be liable in his individual capacity to the person sustaining a loss.