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Code · California · Insurance Code

§ 8096

38 words·~1 min read·/ca/insurance-code/8096

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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.
★   the supreme law of the land   ★
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