Statute · California Insurance Code
Cal. Ins. Code § 1560.19 — Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers
Cal. Ins. Code § 1560.19
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the name of a domestic reciprocal insurer converting to a stock insurer pursuant to this article includes the word “reciprocal,” the new stock insurer may continue to use the word “reciprocal” in its name if the name includes a word or words that identify the new stock insurer as a stock…
Citator
Cal. Ins. Code § 1560.19 — Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers is in force in the current edition of the Code, and nothing recorded condemns it.
If the name of a domestic reciprocal insurer converting to a stock insurer pursuant to this article includes the word “reciprocal,” the new stock insurer may continue to use the word “reciprocal” 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 “reciprocal” in its name is not likely to mislead or deceive the public.