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Earlier editions: 2020-112018-11

DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 2. THE BUSINESS OF INSURANCE 680-1879.8›CHAPTER 3. Reciprocal Insurers 1280-1560.19›ARTICLE 17. Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers 1560-1560.19

§ 1560.13

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

Unless otherwise provided in the plan of conversion, the governing body and officers of the domestic reciprocal insurer shall serve as directors and officers of the converted insurer until new directors and officers have been duly elected and qualified pursuant to the articles of incorporation and bylaws of the stock company.

(Added by Stats. 1998, Ch. 421, Sec. 2. Effective January 1, 1999.)

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California Insurance Code

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