California Insurance Code

§ 1554

INS § 1554 Effective Jan 1, 1996Div. 1 · Part 2 · Ch. 3 · Art. 16

Statute text

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.

Legislative history

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