Section 1280 Of Article 1. General Provisions From California Insurance Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 1.

. This chapter shall not in any way affect the rights, duties, or obligations of members of or subscribers at any reciprocal or interinsurance exchange which has been adjudged insolvent and ordered to be liquidated prior to the date this code takes effect. All such rights, duties, or obligations shall be governed by the law applicable thereto prior to such date.