California Statutes
§ 7044.5. — 7044.5. (Added by Stats. 1967, Ch. 455.)
California § 7044.5.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 1.PART 1. FIRE AND MARINE INSURANCE
Ch. 5.CHAPTER 5. County Mutual Fire Insurers
Art. 9.5.ARTICLE 9.5. Merger
This text of California § 7044.5. (7044.5. (Added by Stats. 1967, Ch. 455.)) 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 § 7044.5. (2026).
Text
Any one or more county mutual fire insurers, by following the procedure of this article, may merge into a general mutual insurer described in Chapter 4 (commencing with Section 4010) of Part 1, Division 2 of this code. Such general mutual insurer shall become the surviving corporation.
Any two or more county mutual fire insurers may merge, concurrently with the transformation of one of the constituent corporations under Article 9.6 (commencing with Section 7045) of Chapter 5, Part 1, Division 2 into a general mutual insurer. The constituent transformed into a general mutual insurer shall be the surviving corporation.
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Legislative History
Added by Stats. 1967, Ch. 455.
Nearby Sections
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