Statute · California Insurance Code
Cal. Ins. Code § 5050.1 — Formation and Organization
Cal. Ins. Code § 5050.1
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If such persons have not performed all acts and secured all agreements necessary to complete the incorporation of such insurer within one year from the date of their first securing an agreement from any person, all proceedings and agreements in connection with such incorporation shall become…
Citator
Cal. Ins. Code § 5050.1 — Formation and Organization is in force in the current edition of the Code, and nothing recorded condemns it.
If such persons have not performed all acts and secured all agreements necessary to complete the incorporation of such insurer within one year from the date of their first securing an agreement from any person, all proceedings and agreements in connection with such incorporation shall become null and void and all persons entering into such agreements shall be released therefrom.