California Code
PART 1 - FIRE AND MARINE INSURANCE
CHAPTER 5 - County Mutual Fire Insurers

ARTICLE 1 - Formation and Organization

Section 5050. - 5050. Two hundred fifty (250) or more persons residing in...

Section 5050.1. - 5050.1. If such persons have not performed all acts and...

Section 5050.5. - 5050.5. Any county mutual fire insurer heretofore or hereafter incorporated...

Section 5051. - 5051. Upon the payment in advance of seven thousand fifty-five...

Section 5052. - 5052. The commissioner shall examine the proposed articles of incorporation....

Section 5053. - 5053. The duly executed articles of incorporation and a copy...

Section 5054. - 5054. The articles of incorporation and certificate obtained by any...

Section 5055. - 5055. The by-laws and all amendments thereto shall be filed...

Section 5056. - 5056. Such insurer shall have not less than seven, nor...

Section 5057. - 5057. The annual meeting of the members of the insurer...

Section 5058. - 5058. In the election of the first board of directors...

Section 5059. - 5059. A member may cast his votes in person or...

Section 5060. - 5060. The directors shall elect, from their own number, a...

Section 5061. - 5061. The treasurer and secretary shall give bonds to the...

Section 5062. - 5062. No incorporators or persons acting in their behalf or...

Section 5063. - 5063. No such insurer may enter into any general agency...

ARTICLE 2 - Powers

Section 5080. - 5080. Such insurer and its directors possess the usual powers,...

Section 5081. - 5081. Such insurer may accumulate such surplus as its directors...

ARTICLE 3 - Membership

Section 5090. - 5090. Any person having an insurable interest in property in...

Section 5090.2. - 5090.2. Not more than one person licensed as an insurance...

Section 5091. - 5091. Any member of such insurer may commence to withdraw...

Section 5092. - 5092. The withdrawal may be completed by paying the member’s...

Section 5093. - 5093. The insurer may cancel any policy by giving the...

Section 5094. - 5094. In case of cancellation by the insurer it shall...

ARTICLE 4 - The Policy

Section 6010. - 6010. (a) The following is adopted as the standard form...

Section 6010.5. - 6010.5. The policy is not required to be used for...

Section 6011. - 6011. Either the blanks in the standard form or those...

Section 6011.5. - 6011.5. In lieu of showing the term of coverage in...

Section 6011.6. - 6011.6. In lieu of the attestation clause and official signatures...

Section 6012. - 6012. By special agreement indorsed on the policy or added...

Section 6013. - 6013. The standard form of policy shall be plainly printed....

Section 6014. - 6014. All county mutual fire insurance policies on subject matter...

Section 6015. - 6015. The insurer may add to the policy any matter...

Section 6016. - 6016. Clauses may be added to the policy providing for...

Section 6017. - 6017. Insurers authorized to limit or eliminate their assessment liability...

Section 6017.5. - 6017.5. Insurers authorized to eliminate their assessment liability in accordance...

Section 6018. - 6018. No clause shall be inserted nor rider attached affecting...

Section 6019. - 6019. Clauses may be added to the policy: (a) Covering...

Section 6020. - 6020. Except as otherwise provided by this article, clauses may...

Section 6021. - 6021. It is a misdemeanor for any insurer or its...

ARTICLE 5 - Risks

Section 6040. - 6040. Such insurer may issue policies on dwellings, schoolhouses, churches,...

Section 6040.5. - 6040.5. Insurers authorized to eliminate their assessment liability in accordance...

Section 6041. - 6041. Insurance permitted by this chapter upon personal property owned...

Section 6042. - 6042. Policies may be executed for any time not exceeding...

Section 6043. - 6043. All members of such an insurer shall agree in...

Section 6044. - 6044. All such insurers shall classify the subject matter insured...

Section 6045. - 6045. For the purpose of this chapter: (a) “A city...

Section 6047. - 6047. Except as provided in this section, such insurer shall...

Section 6048. - 6048. Except as provided in Section 6041 such insurer shall...

Section 6049. - 6049. Such an insurer shall not assume any risks on...

Section 6050. - 6050. Where the amount of insurance in policies already written...

ARTICLE 6 - Reinsurance

Section 6070. - 6070. Any such insurer may accept reinsurance under any agreement...

Section 6071. - 6071. Any such insurer may cede reinsurance provided the amount...

Section 6072. - 6072. The restrictions imposed by this chapter upon any insurer...

ARTICLE 7 - Loss

Section 6090. - 6090. Every member of such insurer who sustains loss by...

Section 6091. - 6091. An action may be brought and maintained against any...

ARTICLE 8 - Assessments

Section 7010. - 7010. When any loss exceeds in amount the cash funds...

Section 7011. - 7011. Upon being convened for the purpose, the directors shall...

Section 7012. - 7012. When the amount of such loss does not exceed...

Section 7013. - 7013. The term of any such loan shall not be...

Section 7014. - 7014. The board of directors may at its annual meeting...

Section 7015. - 7015. (a) No assessment or assessments may be levied upon...

Section 7015.5. - 7015.5. The commissioner shall charge and collect in advance a...

Section 7016. - 7016. The secretary, whenever such an assessment is made, shall...

Section 7017. - 7017. The insurer may bring an action against any member...

Section 7018. - 7018. A director of any such insurer who wilfully refuses...

ARTICLE 9 - Reports and Statements

Section 7030. - 7030. The secretary shall prepare an annual statement, showing the...

Section 7031. - 7031. The president and secretary shall, on or before the...

ARTICLE 9.5 - Merger

Section 7040. - 7040. Notwithstanding the provisions of Section 900 of the Corporations...

Section 7041. - 7041. When any such plan and agreement shall have been...

Section 7042. - 7042. If the vote is in the affirmative a certified...

Section 7043. - 7043. After any merger made under the provisions of this...

Section 7044. - 7044. Any plan of merger under this article shall provide...

Section 7044.5. - 7044.5. Any one or more county mutual fire insurers, by...

ARTICLE 9.6 - Transformation

Section 7045. - 7045. The board of directors of any county mutual fire...

Section 7046. - 7046. After the commissioner has granted tentative approval of any...

Section 7047. - 7047. The meeting called for the purpose of transformation, shall...

Section 7048. - 7048. Such corporation shall be a continuance of the original...

Section 7049. - 7049. After the policyholders have elected such a transformation a...

ARTICLE 10 - Dissolution

Section 7050. - 7050. Any such insurer may be proceeded against and dissolved...

ARTICLE 11 - Exemptions

Section 7060. - 7060. The provisions of subdivision (f) of Section 381 and...