Section 1314 Of Article 2. Organization Of Exchange From California Insurance Code >> Division 1. >> Part 2. >> Chapter 3. >> Article 2.
1314
. Any reciprocal or interinsurance exchange, domestic or
foreign, which has obtained a certificate of surplus under Section
1401, and whose subscribers by such order have no liability for
assessment, may issue a policy of insurance required under Article 4
(commencing with Section 11620) of Chapter 1 of Part 3 of Division 2
of this code without requiring such insured to become a member of or
a subscriber to such reciprocal or interinsurance exchange.
The attorney-in-fact, agent, or other representatives duly
authorized and acting for the regular subscribers of such reciprocal
or interinsurance exchange, shall have the same power and authority
to act for any such person becoming an insured under Article 4
(commencing with Section 11620) of Chapter 1 of Part 3 of Division 2
of this code as authorized or required under any documents required
to be filed with the commissioner under Article 3 (commencing with
Section 1320) of Chapter 3 of Part 2 of Division 1 of this code.