§ 5507. Participation. (a) Every member of the association shall
participate in its writings, expenses, servicing allowance, management
fees and losses in the proportion that the net direct premiums of the
member (excluding that portion of premiums attributable to the operation
of the association) written during the preceding calendar year bears to
the aggregate net direct premiums written in this state by all members
of the association. Each member's participation in the association shall
be determined annually on the basis of such net direct premiums written
during the preceding calendar year, as reported in the annual statements
and other reports filed by the member with the superintendent.

(b) In the event that sufficient funds are not available for the
payment of losses and expenses incurred under policies issued by the
association, the board of directors may require all members to
contribute, on a temporary basis pending recoupment as provided in
subsection (c) of this section, to the financial requirements of the
association in the manner provided for in subsection (a) of this
section.

(c) Any contribution made by members pursuant to subsection (b) of
this section shall be reimbursed to them by payment from the
stabilization reserve fund pursuant to the plan of operation.