Cal. Ins. Code § 1400

Current through the 2023 Legislative Session.

Section 1400 - No liability of subscriber maintaining surplus deposit

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.

Ca. Ins. Code § 1400

Enacted by Stats. 1935, Ch. 145.