California Statutes
§ 1054. — 1054. (Added by Stats. 1935, Ch. 291.)
California § 1054.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE
Part 2.PART 2. THE BUSINESS OF INSURANCE
Ch. 1.CHAPTER 1. General Regulations
Art. 14.ARTICLE 14. Proceedings in Cases of Insolvency and Delinquency
This text of California § 1054. (1054. (Added by Stats. 1935, Ch. 291.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Insurance Code - INS Code § 1054. (2026).
Text
Such insurer, after mutualization, shall be a continuation of the original insurer, and such mutualization shall not affect existing suits, rights or contracts except as provided in said mutualization plan as approved. Such insurer, after mutualization, shall exercise all the rights and powers and perform all the duties conferred or imposed by law upon insurers writing the classes of insurance written by it, and to protect rights and contracts existing prior to mutualization, subject to the effect of said mutualization plan.
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Legislative History
Added by Stats. 1935, Ch. 291.
Nearby Sections
3
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California § 1054., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/1054..