§ 8096

California Insurance Code · 2026 edition · updated 2026-10-04 · California

The directors of any such reinsurer who wilfully refuse or neglect to perform the duties imposed upon them by law or by the by-laws of the reinsurer are liable in their individual capacity to the reinsurer sustaining loss.

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

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California Insurance Code

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