Such association creates a mutual agreement of its members to participate in each other’s loss by fire.
Cal. Ins. Code § 9090
Fraternal Fire Insurers
Applied in 1 court decision — leading case Bequette v. National Insurance Underwriters, Inc. (1970)
Most recently applied in Bequette v. National Insurance Underwriters, Inc. (July 1970)
Enacted by Stats. 1935, Ch. 145.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.