Cal. Ins. Code § 1554

Current through the 2024 Legislative Session.

Section 1554 - Applicability of sections 1109 and 1113, Corporation Code

If one of the insurers that is a party to the transaction is a domestic incorporated insurer, Section 1109 of the Corporations Code shall apply if the transaction is a merger or consolidation, and Section 1113 of the Corporations Code shall also apply if the transaction is a merger.

Ca. Ins. Code § 1554

Added by Stats. 1995, Ch. 728, Sec. 3. Effective January 1, 1996.