Insurance Code § 1560.15

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

Current as of September 28, 2026Ins. Code, § 1560.15Official source ↗

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

The offer or sale of securities issued pursuant to the plan of conversion developed and approved in accordance with the provisions of this article, shall be exempt from Article 8 (commencing with Section 820) of Chapter 1.