BlackletterCalifornia law

Insurance Code § 1554

ARTICLE 16. Merger of Certain Reciprocal Insurers

Current as of September 28, 2026Ins. Code, § 1554Official source ↗

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

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.