California Statutes

§ 7049. — 7049. (Added by Stats. 1963, Ch. 1772.)

California § 7049.
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 § 7049. (7049. (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 § 7049. (2026).

Text

After the policyholders have elected such a transformation a county mutual insurer shall submit to the insurance commissioner for final approval of the transformation a certified copy of all proceedings together with an application for a new certificate of authority accompanied by the necessary filing fee. The said transformation shall become effective upon the occurrence of the last of the three following events:

(1)the final approval by the insurance commissioner, (2) the issuance of a new certificate of authority, and (3) the filing of certified copies of amended articles of incorporation with the Secretary of State.

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Legislative History

Added by Stats. 1963, Ch. 1772.
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California § 7049., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/7049..