California Statutes
§ 11543. — 11543. (Amended by Stats. 1996, Ch. 406, Sec. 17.)
California § 11543.
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 § 11543. (11543. (Amended by Stats. 1996, Ch. 406, Sec. 17.)) 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 § 11543. (2026).
Text
Unless otherwise provided in the plan of conversion, the directors and officers of the mutual company shall serve as directors and officers of the converted company until new directors and officers have been duly elected and qualified pursuant to the articles of incorporation and bylaws of the stock company.
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Legislative History
Amended by Stats. 1996, Ch. 406, Sec. 17. Effective August 19, 1996.
Nearby Sections
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