If one of the insurers that is a party to the transaction is a domestic incorporated insurer, Section 1109 of the Corporations Code shall apply if the transaction is a merger or consolidation, and Section 1113 of the Corporations Code shall also apply if the transaction is a merger.
(Added by Stats. 1995, Ch. 728, Sec. 3. Effective January 1, 1996.)
Last modified: October 25, 2018