2011 California Code
Insurance Code
DIVISION 2. CLASSES OF INSURANCE [1880 - 12865]
ARTICLE 8. Assessments
Section 7018


CA Ins Code § 7018 (through 2012 Leg Sess) What's This?

A director of any such insurer who wilfully refuses or neglects to perform the duties imposed upon him by law or by the insurer s by-laws shall be liable in his individual capacity to the person sustaining a loss.

(Enacted by Stats. 1935, Ch. 145.)

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