BlackletterCalifornia law

Insurance Code § 8096

ARTICLE 6. Assessments and Coverage of Loss

Current as of September 28, 2026Ins. Code, § 8096Official source ↗

Enacted by Stats. 1935, Ch. 145.

The directors of any such reinsurer who wilfully refuse or neglect to perform the duties imposed upon them by law or by the by-laws of the reinsurer are liable in their individual capacity to the reinsurer sustaining loss.