§ 7080
48 words·~1 min read·
/ca/insurance-code/7080A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Five or more insurers, operating under Chapter 5 of this part and having insurance liabilities exceeding a total of $150,000 which they wish to reinsure, may incorporate for the purpose of mutual reinsurance against any loss or damage by any hazard which county mutual fire insurers may insure.