Insurance Code § 1560.01

ARTICLE 17. Conversion of Certain Reciprocal Insurers to Incorporated Stock Insurers

Current as of September 28, 2026Ins. Code, § 1560.01Official source ↗

Added by Stats. 1998, Ch. 421, Sec. 2. Effective January 1, 1999.

By following the procedure specified in this article, any domestic reciprocal insurer described in Section 1560 may be converted into an incorporated stock insurer. To that end, it may provide and carry out a plan for the conversion by complying with the requirements of this article.