Statute · California Insurance Code

Cal. Ins. Code § 11537.1 — Authority and Requirements to Convert

Cal. Ins. Code § 11537.1

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
1996-08-19
Current through
Nov 2, 2026 (California Legislative Counsel)

For the conversion of a mutual life insurer, the plan of conversion shall provide for either a mutual holding company in compliance with Section 11537.2 or for consideration in compliance with Section 11537.3. For the conversion of a mutual holding company, the plan of conversion shall provide…

Citator

Cal. Ins. Code § 11537.1 — Authority and Requirements to Convert is in force in the current edition of the Code, and nothing recorded condemns it.

For the conversion of a mutual life insurer, the plan of conversion shall provide for either a mutual holding company in compliance with Section 11537.2 or for consideration in compliance with Section 11537.3. For the conversion of a mutual holding company, the plan of conversion shall provide for consideration in compliance with Section 11537.3.