California Insurance Code ARTICLE 9 - Merger, Consolidation, Reinsurance, or Transfer of Assets and Liabilities

• Section 4090.
  By following the procedure specified in this article, any domestic mutual insurer described in this article may merge, consolidate, or otherwise unite with or become...
• Section 4091.
  The plan and agreement by which any such transaction is to be effected shall be approved by a resolution of the majority of the board...
• Section 4092.
  When any such plan and agreement shall have been approved by the commissioner, with any changes required by him, the same shall be approved in...
• Section 4093.
  If the vote is in the affirmative, a certified copy of all proceedings relating to the proposed transaction shall be filed with the commissioner. If...
• Section 4094.
  Any plan of merger, consolidation, or other unification under this article shall provide that all rights and properties of the parties to the plan of...
• Section 4095.
  In the event a mutual insurer is merged, consolidated, or part of a reorganization under the procedures specified in this article, and the surviving, consolidated,...
• Section 4096.
  In the event a domestic mutual insurer is merged, consolidated, or a part of a reorganization under the procedures specified in this article, and the...

Last modified: October 22, 2018