California Statutes

§ 11537.1. — 11537.1. (Added by Stats. 1996, Ch. 406, Sec. 6.)

California § 11537.1.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 14.CHAPTER 14. Conversion of an Incorporated Mutual Life or Life and Disability Insurer into an Incorporated Stock Life Insurer Issuing Policies on a Reserve Basis
Art. 1.ARTICLE 1. Authority and Requirements to Convert

This text of California § 11537.1. (11537.1. (Added by Stats. 1996, Ch. 406, Sec. 6.)) 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 § 11537.1. (2026).

Text

For the conversion of a mutual life insurer, the plan of conversion shall provide for either a mutual holding company in compliance with Section 11537.2 or for consideration in compliance with Section 11537.3. For the conversion of a mutual holding company, the plan of conversion shall provide for consideration in compliance with Section 11537.3.

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Legislative History

Added by Stats. 1996, Ch. 406, Sec. 6. Effective August 19, 1996.

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