Statute · California Insurance Code

Cal. Ins. Code § 1560.15 — Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers

Cal. Ins. Code § 1560.15

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

The offer or sale of securities issued pursuant to the plan of conversion developed and approved in accordance with the provisions of this article, shall be exempt from Article 8 (commencing with Section 820) of Chapter 1.

Citator

Cal. Ins. Code § 1560.15 — Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers is in force in the current edition of the Code, and nothing recorded condemns it.

The offer or sale of securities issued pursuant to the plan of conversion developed and approved in accordance with the provisions of this article, shall be exempt from Article 8 (commencing with Section 820) of Chapter 1.