Statute · California Insurance Code
Cal. Ins. Code § 4097.14 — Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer
Cal. Ins. Code § 4097.14
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1999-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Unless otherwise provided in the plan of conversion, the directors and officers of the mutual company shall serve as directors and officers of the converted company until new directors and officers have been duly elected and qualified pursuant to the articles of incorporation and bylaws of the…
Citator
Cal. Ins. Code § 4097.14 — 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.
Unless otherwise provided in the plan of conversion, the directors and officers of the mutual company shall serve as directors and officers of the converted company until new directors and officers have been duly elected and qualified pursuant to the articles of incorporation and bylaws of the stock company.