Statute · California Insurance Code
Cal. Ins. Code § 11548 — Authority and Requirements to Convert
Cal. Ins. Code § 11548
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1996-08-19
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the name of a mutual life insurer converting to a stock insurer pursuant to this chapter includes the word mutual, the new stock insurer may continue to use the word mutual in its name if the name includes a word or words that identify the new stock insurer as a stock insurer and the…
Citator
Cal. Ins. Code § 11548 — Authority and Requirements to Convert is in force in the current edition of the Code, and nothing recorded condemns it.
If the name of a mutual life insurer converting to a stock insurer pursuant to this chapter includes the word mutual, the new stock insurer may continue to use the word mutual in its name if the name includes a word or words that identify the new stock insurer as a stock insurer and the commissioner finds that the continued use of the word mutual in its name is not likely to mislead or deceive the public.