California § 1312 - Any reciprocal or interinsurance exchange, domestic or foreign, which has obtaine
Full text of California Public Contract Code - PCC § 1312 — Any reciprocal or interinsurance exchange, domestic or foreign, which has obtaine, with citation guidance and answers to common questions.
§ 1312. Any reciprocal or interinsurance exchange, domestic or foreign, which has obtaine
(a) Any reciprocal or interinsurance exchange, domestic or foreign, which has obtained a certificate of capability to reinsure or a favorable order under Section 1401.5 and whose subscribers by such order have no liability for assessment, may accept reinsurance of risks for all classes of insurance which it writes in California including the class in which such reinsurance is to be accepted. (b) Contracts accepting such reinsurance shall be entered into between the ceding insurer and the reinsuring reciprocal or interinsurance exchange by its attorney in fact. The ceding insurer need not become a member of or a subscriber to the reinsuring reciprocal or interinsurance exchange and such contracts of reinsurance may contain any or all of the terms and conditions customary in reinsurances of the classes of insurance covered.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 1312
What does Public Contract Code - PCC § 1312 cover?
Section 1312 ("Any reciprocal or interinsurance exchange, domestic or foreign, which has obtaine") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 1312?
A common citation format is "Public Contract Code - PCC § 1312" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 1312 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.