Insurance Code § 995.4
‹ § 995.3§ 995.5 ›Open in browserleginfo ↗995.4.
An insurer, notwithstanding the provisions of any contingent or retrospective compensation arrangement with any person, shall maintain as a liability, as part of its unearned premium reserve the unearned portion of all premium charges made to insureds without deduction for uncollected charges.
(Added by Stats. 1965, Ch. 1818.)