California Insurance Code ARTICLE 9.5 - Merger

  • Section 7040.
    Notwithstanding the provisions of Section 900 of the Corporations Code, any two or more of such insurers may merge. The plan and agreement by which...
  • Section 7041.
    When any such plan and agreement shall have been approved by the commissioner, with changes, if any required by him, the same shall be approved...
  • Section 7042.
    If the vote is in the affirmative a certified copy of all proceedings relating to the proposed merger shall be filed with the commissioner. If...
  • Section 7043.
    After any merger made under the provisions of this article shall have been completed, the surviving corporation shall be deemed, for the purpose of the...
  • Section 7044.
    Any plan of merger under this article shall provide that all rights and properties of the parties to the plan of merger shall accrue to...
  • Section 7044.5.
    Any one or more county mutual fire insurers, by following the procedure of this article, may merge into a general mutual insurer described in Chapter...

Last modified: October 22, 2018