Insurance Code § 4097.03

ARTICLE 10. Conversion of an Incorporated Medical Malpractice Mutual Insurer into an Incorporated Stock Insurer

Current as of September 28, 2026Ins. Code, § 4097.03Official source ↗

Added by Stats. 1998, Ch. 421, Sec. 4. Effective January 1, 1999.

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.