{"code":"INS","codeName":"Insurance Code","section":"4097.03","citation":"Ins. Code, § 4097.03","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 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]","url":"https://blackletter.si/insurance-code/division-2/part-1"},{"name":"CHAPTER 4. General Mutual Insurers [4010. - 4097.20.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-4"},{"name":"ARTICLE 10. Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer [4097. - 4097.20.]","url":"https://blackletter.si/insurance-code/division-2/part-1/chapter-4/article-10"}],"history":"Added by Stats. 1998, Ch. 421, Sec. 4.   Effective January 1, 1999.","effective":"1999-01-01","html":"<p>For the conversion of a medical malpractice mutual insurer, the plan of conversion shall provide for either a demutualization in compliance with Section <a href=\"/ins/4097.04\">4097.04</a> or for a mutual holding company in compliance with Section <a href=\"/ins/4097.05\">4097.05</a>. For the conversion of a mutual holding company, the plan of conversion shall provide for demutualization in compliance with Section <a href=\"/ins/4097.04\">4097.04</a>.</p>","text":"For the conversion of a medical malpractice mutual insurer, the plan of conversion shall provide for either a demutualization in compliance with Section 4097.04 or for a mutual holding company in compliance with Section 4097.05. For the conversion of a mutual holding company, the plan of conversion shall provide for demutualization in compliance with Section 4097.04.","otherVersions":[],"url":"https://blackletter.si/insurance-code/conversion-of-an-incorporated-medical-malpractice-mutual-4097-03","source":"California Legislative Information bulk export (pubinfo)"}