California Insurance Code

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Insurance Code - INS

DIVISION 2. CLASSES OF INSURANCE [1880 - 12880.6]

( Division 2 enacted by Stats. 1935, Ch. 145. )

PART 1. FIRE AND MARINE INSURANCE [1880 - 10108.1]

( Part 1 enacted by Stats. 1935, Ch. 145. )

CHAPTER 6. County Mutual Fire Reinsurers [7080 - 9060]

( Chapter 6 enacted by Stats. 1935, Ch. 145. )

ARTICLE 2. Powers and Duties [8010 - 8011]
( Article 2 enacted by Stats. 1935, Ch. 145. )

8010.

Upon organizing under its articles of incorporation, such reinsurer may carry on a fire reinsurance business as provided by this chapter.

(Enacted by Stats. 1935, Ch. 145.)

8011.

Such reinsurer and its directors shall possess such of the usual powers, and be subject to such of the usual duties of corporations and directors thereof as are necessary for the management of its affairs in accordance with the provisions of this chapter, including the power to prescribe the duties of its officers and fix their compensation.

(Enacted by Stats. 1935, Ch. 145.)