California Legal Codes and Statutes

§ 1402

Enacted by Stats. 1935, Ch. 145.

All funds of such exchange and the proceeds of the contingent liability of its subscribers shall be available for the payment of any liability of the exchange.

Cite this section

Cal. Ins. Code § 1402 (2026)
https://ca.codecond.com/codes/ins/division-1-general-rules-governing-insurance/part-2-the-business-of-insurance/chapter-3-reciprocal-insurers/article-6-assessment-of-insurers/section-1402

Other sections in Article 6 - Assessment of Insurers

§ 1390§ 1391§ 1392§ 1393§ 1394§ 1395§ 1396§ 1397§ 1398§ 1399§ 1400§ 1401§ 1401.5§ 1402

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