A foreign or alien mutual insurer may issue nonassessable policies to its members in this State pursuant to its charter and the laws of its domicile.
Cal. Ins. Code § 4062
Nonassessable Policies
Added by Stats. 1963, Ch. 1772.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.