Section 11537.1.

  1. Law
  2. California Code
  3. Code - INS
  4. 2 - CLASSES OF INSURANCE
  5. 2 - LIFE AND DISABILITY INSURANCE
  6. 14 - Conversion of an Incorporated Mutual Life or Life and Disability Insurer into an Incorporated Stock Life Insurer Issuing Policies on a Reserve Basis
  7. 1 - Authority and Requirements to Convert
  8. Section 11537.1.

Checkout our iOS App for a better way to browser and research.

For the conversion of a mutual life insurer, the plan of conversion shall provide for either a mutual holding company in compliance with Section 11537.2 or for consideration in compliance with Section 11537.3. For the conversion of a mutual holding company, the plan of conversion shall provide for consideration in compliance with Section 11537.3.

(Added by Stats. 1996, Ch. 406, Sec. 6. Effective August 19, 1996.)


Download our app to see the most-to-date content.