California Insurance Code ARTICLE 9.6 - Transformation

• Section 7045.
  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...
• Section 7046.
  After the commissioner has granted tentative approval of any such application, a county mutual fire insurer that shall meet the financial requirements applicable to other...
• Section 7047.
  The meeting called for the purpose of transformation, shall be preceded by a written or printed notice of the meeting and its purpose addressed to...
• Section 7048.
  Such corporation shall be a continuance of the original corporation by the same name or by any other name approved by the commissioner. Such transformation,...
• Section 7049.
  After the policyholders have elected such a transformation a county mutual insurer shall submit to the insurance commissioner for final approval of the transformation a...

Last modified: October 22, 2018