Statute · California Insurance Code
Cal. Ins. Code § 1554 — Merger of Certain Reciprocal Insurers
Cal. Ins. Code § 1554
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1996-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If one of the insurers that is a party to the transaction is a domestic incorporated insurer, Section 1109 of the Corporations Code shall apply if the transaction is a merger or consolidation, and Section 1113 of the Corporations Code shall also apply if the transaction is a merger.
Citator
Cal. Ins. Code § 1554 — Merger of Certain Reciprocal Insurers is in force in the current edition of the Code, and nothing recorded condemns it.
If one of the insurers that is a party to the transaction is a domestic incorporated insurer, Section 1109 of the Corporations Code shall apply if the transaction is a merger or consolidation, and Section 1113 of the Corporations Code shall also apply if the transaction is a merger.