California Insurance Code 883 – An underwriter’s policy may be issued under a name thus registered …
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An underwriter’s policy may be issued under a name thus registered and shall clearly show:
(a) The names of the insurers guaranteeing it.
Terms Used In California Insurance Code 883
- Contract: A legal written agreement that becomes binding when signed.
(b) The severalty of the contract.
(c) The proportion of the premium to be paid to each insurer.
(d) The proportion of liability which each assumes.
(Enacted by Stats. 1935, Ch. 145.)