Insurance Code § 7080
‹ § 7060§ 7081 ›Open in browserleginfo ↗7080.
Five or more insurers, operating under Chapter 5 of this part and having insurance liabilities exceeding a total of $150,000 which they wish to reinsure, may incorporate for the purpose of mutual reinsurance against any loss or damage by any hazard which county mutual fire insurers may insure.
(Amended by Stats. 1939, Ch. 932.)