Statute · California Insurance Code

Cal. Ins. Code § 1560.01 — Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers

Cal. Ins. Code § 1560.01

Type: Statute
Source: California Insurance Code
Jurisdiction: California
Date: 1999-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

By following the procedure specified in this article, any domestic reciprocal insurer described in Section 1560 may be converted into an incorporated stock insurer. To that end, it may provide and carry out a plan for the conversion by complying with the requirements of this article.

Citator

Cal. Ins. Code § 1560.01 — Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers is in force in the current edition of the Code, and nothing recorded condemns it.

By following the procedure specified in this article, any domestic reciprocal insurer described in Section 1560 may be converted into an incorporated stock insurer. To that end, it may provide and carry out a plan for the conversion by complying with the requirements of this article.