DIVISION 2. CLASSES OF INSURANCE 1880-12880.5›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 5. County Mutual Fire Insurers 5050-7060›ARTICLE 1. Formation and Organization 5050-5063
§ 5051
California Insurance Code · 2018-11 edition · updated 2026-10-04 · California
Upon the payment in advance of seven thousand fifty-five dollars ($7,055) to the commissioner for all services to be rendered by him or her in the matter of organization of the insurer, those persons shall file with the commissioner a declaration of their intention to incorporate for the purposes expressed in Section 5050. The declaration shall be signed by all of those persons, and shall contain a copy of the articles of incorporation proposed to be adopted.
(Amended by Stats. 2017, Ch. 534, Sec. 54. (AB 1699) Effective January 1, 2018.)
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