BlackletterCalifornia law

Insurance Code § 8053

ARTICLE 4. Risks

Current as of September 28, 2026Ins. Code, § 8053Official source ↗

Enacted by Stats. 1935, Ch. 145.

Such reinsurer shall not at any time write reinsurance, subject to one risk, in excess of five per cent of the total amount of reinsurance on its books at the time of accepting the risk.