{"code":"INS","codeName":"Insurance Code","section":"11548","citation":"Ins. Code, § 11548","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]","url":"https://blackletter.si/insurance-code/division-2/part-2"},{"name":"CHAPTER 14. Conversion of an Incorporated Mutual Life or Life and Disability Insurer into an Incorporated Stock Life Insurer Issuing Policies on a Reserve Basis [11535. - 11549.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-14"},{"name":"ARTICLE 1. Authority and Requirements to Convert [11535. - 11549.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-14/article-1"}],"history":"Added by Stats. 1996, Ch. 406, Sec. 20.   Effective August 19, 1996.","effective":"1996-08-19","html":"<p>If the name of a mutual life insurer converting to a stock insurer pursuant to this chapter includes the word mutual, the new stock insurer may continue to use the word mutual in its name if the name includes a word or words that identify the new stock insurer as a stock insurer and the commissioner finds that the continued use of the word mutual in its name is not likely to mislead or deceive the public.</p>","text":"If the name of a mutual life insurer converting to a stock insurer pursuant to this chapter includes the word mutual, the new stock insurer may continue to use the word mutual in its name if the name includes a word or words that identify the new stock insurer as a stock insurer and the commissioner finds that the continued use of the word mutual in its name is not likely to mislead or deceive the public.","otherVersions":[],"url":"https://blackletter.si/insurance-code/authority-and-requirements-to-convert-11548","source":"California Legislative Information bulk export (pubinfo)"}