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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon being convened for the purpose, the directors shall make an assessment upon all of the property insured in the insurer. Such assessment shall be in proportion to the amount for which each piece of property is insured, taken in connection with the rate of premium under which it is classified.
Cite this article: FindLaw.com - California Code, Insurance Code - INS § 7011 - last updated January 01, 2025 | https://codes.findlaw.com/ca/insurance-code/ins-sect-7011/
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