Statute · California Insurance Code
Cal. Ins. Code § 4097.03 — Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer
Cal. Ins. Code § 4097.03
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For the conversion of a medical malpractice mutual insurer, the plan of conversion shall provide for either a demutualization in compliance with Section 4097.04 or for a mutual holding company in compliance with Section 4097.05. For the conversion of a mutual holding company, the plan of…
Citator
Cal. Ins. Code § 4097.03 — Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer is in force in the current edition of the Code, and nothing recorded condemns it.
For the conversion of a medical malpractice mutual insurer, the plan of conversion shall provide for either a demutualization in compliance with Section 4097.04 or for a mutual holding company in compliance with Section 4097.05. For the conversion of a mutual holding company, the plan of conversion shall provide for demutualization in compliance with Section 4097.04.