California Insurance Code CHAPTER 7 - Fraternal Fire Insurers
- Section 9080.
Except as provided by this chapter, an association organized and operating on or before January 1, 1947, under this chapter is not governed by the...
- Section 9080.1.
On and after January 1, 1954, no association shall transact insurance under this chapter unless it has theretofore received and continues to hold a certificate...
- Section 9080.3.
Any religious organization engaged in the business of writing fire insurance solely for its members and its churches on the effective date of this section,...
- Section 9081.
Secret fraternal societies, having lodges, councils or granges in this State, conducting their business and securing their membership on the lodge, council or grange system...
- Section 9082.
Such association shall be formed by filing a certificate in the office of the Secretary of State and a like certificate in the office of...
- Section 9083.
The officers of the association shall be members of the association, having property insured therein.(Enacted by Stats. 1935, Ch. 145.)
- Section 9084.
Such an association may insure the property of its members against loss or damage by fire for an amount not exceeding ten thousand dollars ($10,000)...
- Section 9085.
A risk shall not be written by such association except for members in good standing on the books of the society forming the association. A...
- Section 9086.
All such associations shall classify the property insured by them at the time of issuing policies on such property. The classification shall be under different...
- Section 9087.
No property within the corporate limits of any city or town shall be insured except dwellings and the contents thereof, grange halls and the contents...
- Section 9087.5.
Section 9087 is not applicable to insurance covering an insurable interest of a member in property which was insured by the association prior to the...
- Section 9088.
Such association shall provide in its by-laws for the ascertainment of loss or damage by fire, and for the payment thereof.(Enacted by Stats. 1935, Ch.
- Section 9089.
Such association by and in its own name may:(a) Sue and be sued.(b) Loan such funds as it has on hand in such manner as its articles...
- Section 9090.
Such association creates a mutual agreement of its members to participate in each other’s loss by fire.(Enacted by Stats. 1935, Ch. 145.)
- Section 9091.
Every insured shall give to the association a written instrument binding him to pay his share, proportioned to his insurance in the association, of the...
- Section 9092.
Persons insuring property with the association shall, at the time of effecting the insurance, pay such a percentage in cash, and such other charges, as...
- Section 9093.
Policies of the association may be canceled by either party thereto. In such case settlement or adjustment shall be made in accordance with the terms...
- Section 9094.
The secretary of each such association shall prepare an annual statement showing the financial condition of the association, including a statement of all assets and...
- Section 9095.
(a) (1) An association may, if it has issued an insurance policy against fire, endorse that policy to extend the coverage thereof to include loss or damage...
- Section 9096.
An association certificated under this chapter is hereby declared to be a charitable and benevolent institution, and all of its funds shall be exempt from...
- Section 9097.
An association or organization certified under this chapter may reinsure all of its policies with, and, upon the assumption of all of its liabilities, may...
- Section 9098.
The plan and agreement by which any transaction permitted by Section 9097 is to be effected shall be approved by the board of directors or...
- Section 9099.
The commissioner shall examine such plan and agreement and may require such provisions to be inserted in the agreement and such actions to be taken...
- Section 9100.
When any such plan and agreement shall have been approved by the commissioner with such changes, if any, required by him, the same shall be...
- Section 9101.
The meeting of members at which the transaction is voted upon shall be preceded by a written or printed notice of the meeting and of...
- Section 9102.
If the members vote to approve the plan of reinsurance, transfer and assumption, a certified copy of all proceedings relating thereto shall be filed with...
- Section 9103.
The board of directors or other governing body of such organization or association shall file with the Secretary of State a duplicate original of the...
Last modified: October 22, 2018