ARTICLE 5. Risks

Article 5 enacted by Stats. 1935, Ch. 145.

§§ 6040–6050 · 11 sections

• § 6040 Such insurer may issue policies on dwellings, schoolhouses, churches, fraternal or lodge halls, community, creamery, or farm buildings and property contained…
• § 6040.5 Insurers authorized to eliminate their assessment liability in accordance with the terms of this chapter (commencing with Section 5050) shall not be restricted…
• § 6041 Insurance permitted by this chapter upon personal property owned by the insured, including automobiles and livestock, shall continue in full force and effect…
• § 6042 Policies may be executed for any time not exceeding five years and not extending beyond the time limited for the existence of the insurer.
• § 6043 All members of such an insurer shall agree in writing to pay their pro rata share to the insurer of the necessary expense and loss sustained by any member…
• § 6044 All such insurers shall classify the subject matter insured by them at the time of issuing policies thereon. Such classification shall be under rates…
• § 6045 For the purpose of this chapter: (a) “A city or town block” is an area of not more than one hundred sixty thousand square feet having at least one frontage in…
• § 6047 Except as provided in this section, such insurer shall not issue policies to an amount in excess of six thousand dollars ($6,000) on any one risk, whether…
• § 6048 Except as provided in Section 6041 such insurer shall insure only property within the limits of the county wherein it is organized, or in a county next…
• § 6049 Such an insurer shall not assume any risks on property situated within any one block of a closely built-up district or of territory within the limit of any…
• § 6050 Where the amount of insurance in policies already written equals the amount limited by the provisions of this article, no additional insurance shall be written…