California § 7047. 7047. (Added by Stats. 1963, Ch. 1772.)

California Statutes

§ 7047. — 7047. (Added by Stats. 1963, Ch. 1772.)

California § 7047.

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. 9.6.ARTICLE 9.6. Transformation

This text of California § 7047. (7047. (Added by Stats. 1963, Ch. 1772.)) 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 § 7047. (2026).

Text

The meeting called for the purpose of transformation, shall be preceded by a written or printed notice of the meeting and its purpose addressed to each policyholder of record on the date of the notice, mailed at least 30 days before that date fixed for the meeting. The presence in person or by proxy of 5 percent of the policyholders entitled to vote shall constitute a quorum unless a higher percentage is required by the bylaws or articles of incorporation of the insurer.

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The meeting called for the purpose of transformation, shall be preceded by a written or printed notice of the meeting and its purpose addressed to each policyholder of record on the date of the notice, mailed at least 30 days before that date fixed for the meeting. The presence in person or by proxy of 5 percent of the policyholders entitled to vote shall constitute a quorum unless a higher percentage is required by the bylaws or articles of incorporation of the insurer.

Legislative History

Added by Stats. 1963, Ch. 1772.

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California § 7047., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/7047..