California Statutes

§ 11532.6. — 11532.6. (Added by Stats. 1941, Ch. 379.)

California § 11532.6.
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. 2.ARTICLE 2. Execution of Plan

This text of California § 11532.6. (11532.6. (Added by Stats. 1941, Ch. 379.)) 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 § 11532.6. (2026).

Text

The directors of the insurer in office at the time the insurer is mutualized as provided in this chapter shall continue in office until the first annual meeting of members. At the first annual meeting of members and at each annual meeting thereafter directors shall be elected by the members for the term or terms authorized by this chapter.

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Legislative History

Added by Stats. 1941, Ch. 379.

Nearby Sections

9
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California § 11532.6., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/11532.6..