California Statutes
§ 1560.14. — 1560.14. (Added by Stats. 1998, Ch. 421, Sec. 2.)
California·Code INS Insurance Code - INS·Div. 1. DIVISION 1. GENERAL RULES GOVERNING INSURANCE·Part 2. PART 2. THE BUSINESS OF INSURANCE·Ch. 3. CHAPTER 3. Reciprocal Insurers·Art. 17. ARTICLE 17. Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers
(a)Notwithstanding any other provision of law and except as otherwise provided in subdivision (b), actions concerning any plan of conversion, proposed plan of conversion, plan amendment, or proposed plan amendment under this article or any acts taken or proposed to be taken under this article shall be commenced within one year after the plan of conversion or plan amendment is filed in the office of the commissioner pursuant to subdivision (d) of Section 1560.03 or Section 1560.10, or six months from the effective date of the plan of conversion, whichever is later. If the plan of conversion is withdrawn, the actions or acts shall be commenced within six months from the date the governing body approves a resolution to withdraw the plan. If an action concerns or arises out of a plan amendm
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California § 1560.14. (1560.14. (Added by Stats. 1998, Ch. 421, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1998, Ch. 421, Sec. 2. Effective January 1, 1999.