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California Insurance Code

§ 1303

INS § 1303Div. 1 · Part 2 · Ch. 3 · Art. 2
The organization under which such subscribers so exchange contracts is termed a reciprocal or interinsurance exchange, and shall be deemed the insurer while each subscriber shall be deemed an insured.

Legislative history

Amended by Stats. 1963, Ch. 1649.

Source: California Insurance Code § 1303 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.