California Statutes

§ 4097.15. — 4097.15. (Added by Stats. 1998, Ch. 421, Sec. 4.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 1. PART 1. FIRE AND MARINE INSURANCE·Ch. 4. CHAPTER 4. General Mutual Insurers·Art. 10. ARTICLE 10. Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer
(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 4097.02 or subdivision (a) of Section 4098.1, 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 If the plan of conversion is withdrawn, the actions or acts shall be commenced within six months from the date the board of directors approves a resolution to withdraw the plan. If an action concerns or arise

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California § 4097.15. (4097.15. (Added by Stats. 1998, Ch. 421, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1998, Ch. 421, Sec. 4. Effective January 1, 1999.

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