Section 8093 Of Article 6. Assessments And Coverage Of Loss From California Insurance Code >> Division 2. >> Part 1. >> Chapter 6. >> Article 6.
8093
. The board of directors may at their annual meeting levy an
assessment not exceeding twenty-five cents on the $100 of
reinsurance. The sum so raised shall constitute a reserve fund to be
used in emergency cases only. Another assessment for this purpose
shall not be made while this reserve fund remains intact.