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DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 4. General Mutual Insurers 4010-4097.20›ARTICLE 8. Applicable Insurance Laws 4080-4081

§ 4081

California Insurance Code · 2020-11 edition · updated 2026-10-04 · California

Any county mutual fire insurer, or two or more such insurers, may merge into a general mutual insurer described in this chapter by following the procedure in Article 9.5 (commencing with Section 7040) of Chapter 5, Part 1, Division 2 of this code. Such general mutual insurer shall become the surviving corporation.

In addition, by following the above-mentioned procedure any two or more county mutual fire insurers may merge, concurrently with the transformation of one of them into a general mutual insurer described herein, as provided in Section 7044. 5.

(Added by Stats. 1967, Ch. 455.)

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