Statute · California Insurance Code

Cal. Ins. Code § 11421 — Authorization and Effect

Cal. Ins. Code § 11421

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

After completing such transformation and procuring from the commissioner a certificate of authority to transact business in this State as an incorporated insurer issuing policies on a reserve basis, it may incur the obligations and enjoy the benefits of such insurer.

Citator

Cal. Ins. Code § 11421 — Authorization and Effect is in force in the current edition of the Code, and nothing recorded condemns it.

After completing such transformation and procuring from the commissioner a certificate of authority to transact business in this State as an incorporated insurer issuing policies on a reserve basis, it may incur the obligations and enjoy the benefits of such insurer.