California § 11460. 11460. (Enacted by Stats. 1935, Ch. 145.)

California Statutes

§ 11460. — 11460. (Enacted by Stats. 1935, Ch. 145.)

California § 11460.

JurisdictionCalifornia

Code INSInsurance Code - INS

Div. 2.DIVISION 2. CLASSES OF INSURANCE

Part 2.PART 2. LIFE AND DISABILITY INSURANCE

Ch. 11.CHAPTER 11. Change by Assessment Plan Insurer to Reserve Plan

Art. 3.ARTICLE 3. Transfer of Insurance

This text of California § 11460. (11460. (Enacted by Stats. 1935, Ch. 145.)) 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 § 11460. (2026).

Text

Members of the insurer who are in good standing prior to the transformation may thereafter transfer their insurance, without change of amount and without medical examination, from the assessment plan to the nonassessable reserve basis at the reserve rates. The interest and the assets of the insurer credited to the person so transferring shall become a part of the assets of the insurer on the reserve basis.

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Members of the insurer who are in good standing prior to the transformation may thereafter transfer their insurance, without change of amount and without medical examination, from the assessment plan to the nonassessable reserve basis at the reserve rates. The interest and the assets of the insurer credited to the person so transferring shall become a part of the assets of the insurer on the reserve basis.

Legislative History

Enacted by Stats. 1935, Ch. 145.

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California § 11460., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/11460..