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California Insurance Code

§ 1400

INS § 1400Div. 1 · Part 2 · Ch. 3 · Art. 6

Statute text

View on leginfo.ca.gov
Each such subscriber maintaining a surplus deposit equal to, and in addition to, the amount of the total current annual premium deposit provided in his policy, shall have no liability for assessment during the period such surplus deposit is so maintained.

Legislative history

Enacted by Stats. 1935, Ch. 145.

Source: California Insurance Code § 1400 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.