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California Insurance Code

§ 138

INS § 138Div. 1 · Part 1 · Ch. 1.5

Statute text

View on leginfo.ca.gov
There shall be no civil liability on the part of any agent or broker who places liability insurance coverage on behalf of any risk retention group which is incorporated and licensed in this state in the event of an insolvency by the risk retention group.

Legislative history

Added by Stats. 1990, Ch. 1521, Sec. 1.

Source: California Insurance Code § 138 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.