DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 1. FIRE AND MARINE INSURANCE 1880-10108.1›CHAPTER 5. County Mutual Fire Insurers 5050-7060›ARTICLE 9.6. Transformation 7045-7049
§ 7045
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
The board of directors of any county mutual fire insurer that desires to commence proceedings for transformation of that insurer to a general mutual insurer shall adopt a resolution to that effect and submit to the commissioner a plan for effecting that transformation accompanied by an application for approval thereof and a fee of four hundred ninety-four dollars ($494).
(Amended by Stats. 2017, Ch. 534, Sec. 57. (AB 1699) Effective January 1, 2018.)
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