Statute · California Insurance Code
Cal. Ins. Code § 5051 — Formation and Organization
Cal. Ins. Code § 5051
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2018-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Upon the payment in advance of seven thousand fifty-five dollars ($7,055) to the commissioner for all services to be rendered by him or her in the matter of organization of the insurer, those persons shall file with the commissioner a declaration of their intention to incorporate for the…
Citator
Cal. Ins. Code § 5051 — Formation and Organization is in force in the current edition of the Code, and nothing recorded condemns it.
Upon the payment in advance of seven thousand fifty-five dollars ($7,055) to the commissioner for all services to be rendered by him or her in the matter of organization of the insurer, those persons shall file with the commissioner a declaration of their intention to incorporate for the purposes expressed in Section 5050. The declaration shall be signed by all of those persons, and shall contain a copy of the articles of incorporation proposed to be adopted.