Statute · California Insurance Code
Cal. Ins. Code § 7045 — Transformation
Cal. Ins. Code § 7045
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2018-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The board of directors of any county mutual fire insurer that desires to commence proceedings for transformation of that insurer to a general mutual insurer shall adopt a resolution to that effect and submit to the commissioner a plan for effecting that transformation accompanied by an…
Citator
Cal. Ins. Code § 7045 — Transformation is in force in the current edition of the Code, and nothing recorded condemns it.
The board of directors of any county mutual fire insurer that desires to commence proceedings for transformation of that insurer to a general mutual insurer shall adopt a resolution to that effect and submit to the commissioner a plan for effecting that transformation accompanied by an application for approval thereof and a fee of four hundred ninety-four dollars ($494).