California Statutes

§ 11527. — 11527. (Amended by Stats. 1983, Ch. 142, Sec. 93.)

California § 11527.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 13.CHAPTER 13. Voluntary Mutualization of Incorporated Life and Life and Disability Insurers Having a Capital Stock and Issuing Nonassessable Policies on a Reserve Basis
Art. 1.ARTICLE 1. Authority and Requirements to Mutualize

This text of California § 11527. (11527. (Amended by Stats. 1983, Ch. 142, Sec. 93.)) 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 § 11527. (2026).

Text

The commissioner shall examine the plan submitted under subdivision (c) of Section 11526. The commissioner shall not approve the plan unless in the commissioner’s opinion the rights and interests of the insurer, its policyholders, and shareholders are protected and the commissioner is satisfied that the plan will be fair and equitable in its operation.

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Legislative History

Amended by Stats. 1983, Ch. 142, Sec. 93.
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California § 11527., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/11527..