California § 6071 - Any such insurer may cede reinsurance provided the amount retained by the origina
Full text of California Public Contract Code - PCC § 6071 — Any such insurer may cede reinsurance provided the amount retained by the origina, with citation guidance and answers to common questions.
§ 6071. Any such insurer may cede reinsurance provided the amount retained by the origina
Any such insurer may cede reinsurance provided the amount retained by the originating insurer shall be not less than 10 percent nor less than five hundred dollars ($500); provided, however, that the minimum required hereunder shall never exceed six thousand dollars ($6,000). The applicable provisions of Sections 922.1 to 922.8 inclusive shall govern for the purposes of testing the solvency and preparing the annual statement of the ceding insurer.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 6071
What does Public Contract Code - PCC § 6071 cover?
Section 6071 ("Any such insurer may cede reinsurance provided the amount retained by the origina") 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 § 6071?
A common citation format is "Public Contract Code - PCC § 6071" (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 § 6071 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.