§ 6070
60 words·~1 min read·
/ca/insurance-code/6070A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any such insurer may accept reinsurance under any agreement for reinsurance between two or more county mutual fire insurers or from any authorized insurer the stock of which is wholly owned by county mutual insurers. In any such case the reinsurance accepted by any one insurer shall not exceed the amount of risk retained by the insurer originating the business.