DecisionDepot
California legal research

California Insurance Code

§ 1154

INS § 1154Div. 1 · Part 2 · Ch. 2 · Art. 2

Statute text

View on leginfo.ca.gov
After the period specified in Sections 1153 and 1153.5, the requirements of those sections shall no longer be applicable to any insurer specified therein and shall no longer affect or modify the application or nonapplication of any section of this code. The provisions of Sections 1153 and 1153.5 shall not govern or limit the investments of any insurer formed by merger, consolidation, or reinsurance of the entire business of any one or more admitted insurers if any one or more of the merged, consolidated, reinsuring or reinsured insurers was, prior to such consolidation, merger, or reinsurance, admitted, or authorized to do business as an insurer in any state, for a period of three or more years.

Legislative history

Amended by Stats. 1949, Ch. 339.

Source: California Insurance Code § 1154 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.